News archive

Tag: India

Plywood firms in India see flat future despite GST lift

21-05-2019
plywood, India

The future hasn't panned out the way organised plywood and particle board makers envisaged post the coming of the Goods and Services Tax (GST) regime. Benefits of the new tax regime which was supposed to accrue to the industry leaders have played out, but slowly, and in bits and pieces. The sector was largely unorganised where small units …

The Furniture Industry in India, 2019 to 2023: Vendors Generating Significant Revenue Through Online Platforms

17-05-2019
India, wooden furniture, market report

The Indian furniture market is anticipated to reach USD 32.61 billion (SGD 44.6 billion) by 2018 by registering a CAGR of 13.38 per cent during the forecast period of 2018-2023. Moreover, the market is expected to garner USD 61.09 billion (SGD 83.6 billion) by the end of 2023. Further, the India furniture market is anticipated to achieve a …

India’s KCR pledges firm action to check Wood Smuggling

16-04-2019
India, wood, smuggling

Hyderabad’s chief minister K. Chandrashekar Rao has said that the government will act firmly to check timber and wood smuggling, and suggested a four-point multi-pronged strategy to improve green cover. Rao, who held a meeting with officials on protecting forests, said the intelligence wing was involved in identifying those who indulged in …

China and India are making a greener Earth

29-03-2019
China, India

Despite climate change, water scarcity and the many ills affecting the planet, this generation is living on an increasingly greener Earth. Measurements from space show that some parts of the northern hemisphere, notably China and India, are a lot greener than they used to be, which is potentially very good news for the climate. Growing …

Study shows China, India lead planet's greening efforts

25-02-2019
China, forestry, NASA, India

A new study has observed an increase in leafy coverage equivalent to that of the entire Amazon rainforest between 2000 and 2017, especially in China and India. The planet's two most populous nations are leading the increase in greenery in large part due to China's ambitious programmes in tree planting and more efficient agriculture practices, …

Editor’s pickMDF is the future of Furniture in India

11-09-2018
MDF, India, furniture market, ready-made furniture, plywood, particleboard, GREENPANEL

India’s furniture market is undergoing a major shift with a move towards ready-made furniture and a rising preference for medium density fibre (MDF) over plywood in line with the global trends. Moreover, the culture of ready-made furniture is being accepted widely across India as we see in the case of IKEA. The growth rate of plywood today …

GREENPANEL launches Club Grade HDF

16-08-2018
GREENPANEL, Club Grade HDF, India,

GREENPANEL (part of Greenply Industries), India’s largest wood panel manufacturer, has launched Club Grade HDF (High density fiber board). An extremely strong and heavy-duty board, Club Grade HDF is water resistant board manufactured in state-of-the-art plants, using German technology. GREENPANEL Club Grade HDF is the first choice …

Editor’s pickGreenpanel Doors: Shaping homes

03-08-2018
Greenpanel, Door, India, Technology, Wood

One of India’s largest interior infrastructure brand and the pioneers of MDF ( Medium Density Fibre board’s ) in India – GREENPANEL, have recently introduced a new range of  Doors.  GREENPANEL DOORS are made using Quadra Pro Technology and have a thicker glue core. The solid wood filler in the door gives them superior …

Editor’s pickB.C. forest companies look to Asia

26-07-2018
British Columbia, lumber, value added wood products, BC Wood, two-by-four housing, Japan, Korea, China, Southeast Asia, India

Despite the housing boom in the United States in the last few years driving up demand for British Columbia (B.C.) wood products, Asia remains a crucial market as Canada seeks to diversify its global market presence. Several industry officials have recently highlighted the potential in expanding existing markets like China and Japan, as well as …