Mergers & Acquisitions Key to Growth in the Indian Glass Market: TechSci Research

Date: 12 October 2012
Source: www.pr.com

Date: 12 October 2012

Container glass dominating the Indian glass market and is poised to witness enormous growth in the years to come. British Columbia, Canada, October 10, 2012 --(PR.com)-- The Indian glass industry witnessed phenomenal growth in the past few years.

The industry is poised to further witness growth at a CAGR of 14.78% in the next five years on the sidelines of growth in real estate sector, infrastructural development, and growth in food & beverage sectors. The growth in the Indian glass industry is dominated by container glass segment, which accounts for majority of the sales in terms of volume. The majority of the sales in terms of value was dominated by float glass segment and further in the coming years sales in float glass segment of the Indian glass industry will increase on the sidelines of real estate growth across retail, residential and office estate...

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