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Tag: India

Editor’s pickLatest export data reflects developing market for American hardwoods in India, says AHEC

18-10-2019
American hardwood, lumber, veneer, AHEC, MumbaiWood, India

USD 4.59 million of American hardwood lumber and veneer were exported to India during the first eight months of this year, according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. The statistics, which have been compiled from the latest data released by the United …

Greenlam Industries announces expansion

16-10-2019
Greenlam, India, laminate, expansion

Greenlam Industries has announced expansion of manufacturing capacity of laminates at its unit in Nalagarh, Himachal Pradesh. It will manufacture an additional 1.6 million laminate sheets per annum. The expanded capacity is now operational. With this expansion, the installed capacity for laminates has increased to 15.62 million laminate sheets per …

Closer trade ties between India and Thailand’s wood industry with signing of MOU

15-10-2019
Thailand, India, MOU, signing, rubberwood, Thai Hevea Wood Association, Association of Furniture Manufacturers & Traders (India)

Despite the poor prospects for exports, Thailand remains hopeful that exports to India will grow by 8 per cent this year, reported Bangkok Post. Commerce Minister Jurin Laksanawisit, led a Thai delegation to Mumbai and Chennai from 24 to 28 September said Thai products remain promising in India for food, cosmetics, furniture and decorative …

Editor’s pickAmerican hardwood industry means business, as U.S. hardwood shipments to India see record increase

07-08-2019
AHEC, India, MumbaiWood

The market for American hardwoods in India is on its way to fulfil its true potential over the course of the next few years, according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. For some time, anecdotal evidence has pointed to a genuine increase in interest from …

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 …

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