India's Glass Industry Enjoys a Bright Future

According to the Associated Chambers of Commerce and Industry of India, the country's glass industry is scheduled to gain market share over the next three years, increasing at a compound annual growth rate (CAGR) of 15%.

Construction, automotive, consumer goods and pharmaceuticals are the four main sectors that the glass consumption growth lies on.  

The booming glass industry will provide employment for more than 4 million people directly or indirectly, which will solve the problem of unemployment to a large extent.

Profiting from the increasing of glass industry, glass machines will enjoy a keen demand correspondingly. As one kind of safe and energy-saving glass, tempered glass is used in more and more fields such as construction, automotive etc nowadays. Therefore, glass tempering furnace, which is used for tempering glass, will be chosen by more and more tempered glass manufacturers.

600450 India's Glass Industry Enjoys a Bright Future

See more news about:

Others also read

When 2 Italian excellence rise together.
Mr. Pradeep Kheruka, Vice Chairman of Borosil, talks about trends in the market and why LiSEC was the best option to invest in.
We want to share these happy moments with you!
Recently, LandGlass was named as one of the “Outstanding Private Enterprises in Luoyang - High Growth Innovative Entities” by the CPC Luoyang Municipal Committee and the People’s Government of Luoyang Municipality.
HHH Tempering Resources is now an official Glass Automation Processing Days (GPAD) sponsor and presenter.
American Insulated Glass, LLC (AIG), headquartered in Atlanta, announced the asset purchase of the fabrication business unit of Faith Glass located in Semmes, Alabama.

From industry

Add new comment