David Parks is a well known author and has written articles on IT Companies Directory, B2B Portal, Trade Leads, suppliers, Manufactures and many other subjects.
Despite the lull in the real estate sector and the subsequent reduced demand, the asbestos cement sheet industry has managed to record a healthy growth rate of 10-12% per annum.
The slowdown in construction activity has failed to dampen the spirits of SMEs that constitute the bulk of the sector as they continued to receive a steady flow of business.
Experts believe that the high growth rates clocked by the sector have been mainly possible due to the sustained demand in the rural sector, which accounts for over 50% of the market for the asbestos industry.
Succeeding despite odds
Though last year saw a spurt in campaigns against the use of asbestos products in India, SMEs in the industry continued to witness a surge in the demand for their products. Small vendors providing roofing material to the rural population remained relatively unfazed by the adverse effects of the downturn and the campaigns.
“Even though the construction sector has taken a hit due to the slowdown, the demand for asbestos products has not been affected. We have continued to see good margins and increased offtake despite worsening economic conditions,” said T Sohangpurwala, proprietor of Calcutta Asbestos & Belting Company, a small-sized asbestos supplying firm in Kolkata.
The asbestos industry in India is projected to see a steady demand in the next few years as well. A new report from the Asbestos Cement Products Manufacturers’ Association (ACPMA), the chief organisation aimed at promoting chrysotile asbestos cement in India, predicts good times ahead for the SMEs in the sector.
“Despite campaigns seeking a ban on the use of chrysotile asbestos, the demand for asbestos cement will remain steady as very few products can compete with it in terms of price and durability when it comes toroofing houses,” said A Modi, Chairman of India Asbestos Manufacturing Company, a small-sized asbestos cement manufacturing unit in Jaipur. Asbestos is one of the best roofing options in rural India as it costs less than a third of the equivalent quantity of steel sheeting.
Although the outlook of the asbestos cement sheet industry looks positive, small vendors need to exercise prudence at present. They must also ensure that their manufacturing processes are clean to guarantee the safety of their .
For more detail on Manufacturers India log on to http://www.bizxchange.in
- Related Videos
- Related Articles
- Ask / Related Q&A
A well planned kitchen
By: Davis Morris | 26/12/2009There are many areas of business that will provide food for either their customers or for their staff and their success will depend on a well planned and well designed kitchen that runs smoothly. Many businesses, such as department stores and shopping malls, local authorities and even work’s canteens, want their kitchens to be practical and functional but also, to be appealing to their customers.
Stainless steel catering - strong but safe
By: Rick Dahne | 25/12/2009The consequences of food poisoning can be dire to any budding catering business. The health and safety laws ensure that this is not gone unnoticed. It is for this reason that most catering companies will find a reliable company that will provide them with stainless steel catering equipment.
Do your bit to help the Bluefin when eating sushi
By: Gen Federico | 25/12/2009When you next cut into your favourite tuna sashimi or sushi delivery take time to consider where the tuna came from. The Bluefin Tuna is an impressive fish that originates from the Atlantic Ocean but over the past few decades has declined rapidly seeing an 80 per cent decrease in stock.
Shipping abroad made easy
By: Charlie | 25/12/2009It is a truth universally acknowledged that people care a great deal about their personal possessions. This does not stop being the case if we choose to start a new life elsewhere. Perhaps we are motivated to move by a good job opportunity or maybe we are tempted by a different culture- why we move does not stop us wanting to keep our valuables safe as we do so.
The Habit of Art – a review
By: Ronald Kresten | 25/12/2009‘The Habit of Art’ by Alan Bennett is proving to be one of the hottest London theatre tickets for the National Theatre, which should be no surprise as they have used many of the ingredients of their biggest hit of recent years, ‘The History Boys’.
The survival of a catering business
By: Charlie | 24/12/2009Immediacy and convenience are very important to us in the UK, as such we don’t like to cook our own food and prepare our own meals as much as we like to dine out. As more and more people eat out at restaurants, takeaway venues and other areas, there are more eating places being introduced to meet this increasing demand.
Use the number one recruiting software online!
By: MikeAfshin | 24/12/2009StaffingSoft staffing software was created for recruiting agencies, search firms and also staffing organizations.
Building Income Online Quickly - Easy As 1 - 2 - 3 As Long As You're Using Article Marketing
By: Dale Dupree | 24/12/2009Second, post this article to any high traffic online article directory under an appropriate category. If this is your first time, now take a few moments to create a free account for yourself. It is also worth while at this time to complete the profile page as you will for sure want prospective viewers of the article to know a little more about the author.The final step in
Cotton production in India to rise
By: David Parks | 24/12/2009 | BusinessAlthough there has been a decline in the global cotton production, it is expected that there will be a surge in production of the commodity in the country
Better days ahead for SME paper units
By: David Parks | 23/12/2009 | BusinessPaper consumption in India is likely to increase in the coming days on account of the growth in pharmaceutical, FMCG and education sectors, thereby boosting the margins of SME paper mills
Leather Manufacturers Gain from B2B Sites
By: David Parks | 22/12/2009 | Online BusinessLeather manufacturers are especially important for leather goods Company. A leather manufacturer needs its alliance with leather goods manufacturing Company to provide business and maintain relations with them.
Furniture Manufacturers Attract Suppliers and Customers
By: David Parks | 21/12/2009 | Home ImprovementBusiness happens when two parties join hands together and trade for commodity or services. Furniture manufacturers register on B2B business sites for enhanced business opportunities, increase margins, free publicity and entertain large number of customers.
GoI endeavouring to promote MSMEs
By: David Parks | 21/12/2009 | BusinessGovernment of India along with RBI has implemented certain measures to aid the MSMEs to recover from their losses
Amritsar chess board makers’ game for diversification
By: David Parks | 18/12/2009 | BusinessThe double whammy of poor overseas sales and rupee appreciation on the export front has prompted Amritsar-based small-scale chess set manufacturers to diversify their product base in order to sustain operations
E-marketing to boost SMEs
By: David Parks | 17/12/2009 | BusinessIn the age of globalisation, e-marketing is gradually emerging as a cost- effective tool for SMEs to target a wide range of audience
Gujarat SME bauxite units facing survival threat
By: David Parks | 16/12/2009 | BusinessWith mining lease rights of all the bauxite mines in Gujarat being reserved for Gujarat Mineral Development Corporation, the sustenance of 200-odd SME bauxite units in the region has come under scanner