sejal architectural glass limited - Securities and Exchange Board of ...
sejal architectural glass limited - Securities and Exchange Board of ...
sejal architectural glass limited - Securities and Exchange Board of ...
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The Total Float Glass Manufactured in India is 6,34,275 Tons <strong>of</strong> which 76% <strong>of</strong> the Total Float<br />
Glass manufactured in India is supplied to the Indian Market. The domestic dem<strong>and</strong> has been on<br />
a continuous rise with the Infrastructure sector in the country has been seeing stupendous<br />
growth.<br />
Float Glass is dem<strong>and</strong> is usually divided into Automotive <strong>and</strong> Non- Automotive Consumers. In<br />
the Financial Year 2004 -2005 Non Automotive consumers (Tonnage wise) account for 93% <strong>of</strong><br />
the Dem<strong>and</strong> Drivers for Float <strong>glass</strong> in India.<br />
Dem<strong>and</strong> is Domestic Dem<strong>and</strong> = Architectural Dem<strong>and</strong> + Automotive Dem<strong>and</strong><br />
Domestic Supply = Manufactured + Imported - Exported<br />
Float Glass Processing Industry<br />
Dem<strong>and</strong> Drivers<br />
1. Real Estate Sector<br />
The real estate story in India is growing bigger by the day. Industry experts believe that<br />
Indian real estate has huge dem<strong>and</strong> potential in almost every sector -- especially<br />
commercial, residential <strong>and</strong> retail. Real Estate Industry in India is estimated to be about<br />
$1,200 Crs (2004) <strong>and</strong> is growing at the pace <strong>of</strong> 30% each year.<br />
(a) Residential<br />
The growth in the residential sector in India has been driven mainly by rising disposable<br />
income, a rapidly growing middle class, <strong>and</strong> affordable interest rates, fiscal incentives on<br />
both interest <strong>and</strong> principal payments for housing loans, as well as increased urbanization<br />
<strong>and</strong> increase in nuclear families. The conversion <strong>of</strong> slum, kutcha or semi-pucca in urban<br />
areas to pucca non-slums dwelling units has also contributed to residential growth. There is<br />
a housing shortage <strong>of</strong> 19.4 million units with a shortage <strong>of</strong> 12.7 million in rural areas <strong>and</strong><br />
6.7 million in urban areas as <strong>of</strong> March 2006.<br />
(b) Commercial<br />
Float Glass Processing Industry<br />
Architectural Float Glass Automotive Float Glass<br />
Toughening Lamination Insulation<br />
83<br />
Replacement<br />
O.E.M
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