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Glass industry in India is quite mature and well established and has been growing across all segments. The Industry has developed to implement modern processes and automation in a significant way in recent years. According to ASSOCHAM, the Glass market in the country was valued at INR 225 Billion in 2013 which is anticipated to grow at a CAGR of around 18% over the years 2014-2018.
 
Highlighting the opportunity in this industry, Shushmul Maheshwari, CEO - RNCOS said “The increasing demand for value added products in glasses such as tinted and reflective glasses will bolster the growth of glass market in India.” He further added, “Favorable growth in construction, food and beverages and pharmaceutical industry in India is expected to intensify the overall industry of glass in the country in coming few years.”
 
Our study suggests due to favorable demographics and growth in service sector particularly the IT and IT-enabled sector, expansion in automobile production due to inclining income of households and growing middle class as well as young population and increasing growth of pharmaceutical packaging industry are likely to strengthen the glass business in India by 2018.
 
RNCOS acts as your growth partner in all your business endeavors, be it product launching, geographic expansion, sales improvement, distributor/retailer tie-ups etc. We help make your business flourish by studying the market dynamics, collating with you business and devising the right strategies.
 
To get a complimentary copy of the white paper, please visit:
http://www.rncos.com/askforwhitepaper.php?xrt=33