India's Glass Industry Enjoys a Bright Future

Date: 13 December 2013

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 glassonweb.com

See more news about:

Others also read

Satinal experienced a year of remarkable achievements and groundbreaking projects in 2024.
Satinal is glad to unveil new series of 3D product videos, designed to provide a comprehensive and immersive experience to its customers.
AGP is currently in the process of installing a third FC Series furnace in Cambridge.
RCN Solutions is gearing up for Glasstec 2024, showcasing innovative products, including laminating systems and automation solutions, with a focus on reducing human control in glass processing.
Producing the largest IG units in the Balkans

Add new comment

From industry

NEWS RELATED PRODUCTS

SATINAL SPA
Luoyang North Glass Technology Co., Ltd.,
Glaston Corporation
SATINAL SPA
Horn Glass Industries