Since the last decade, India is emerging as major manufacturing hub for various industrial products owing to availability of large qualified work force, huge emerging markets & low cost of production.
With huge investments expected in various sectors couples with expansions and new projects, market for Coatings & Paints is expected to grow at CAGR of 14% to reach over $9 billion by 2017 with per-capita paint consumption expected to increase to over 4 kg. At the same time, Coatings industry is also poised to grow at more than 11% per annum.
Exhibition at Chennai
South is one of largest geographical areas with large cost line and natural resources. With availability of skilled manpower, government initiatives of laying grid of pipeline for petroleum products and location advantage has contributed to growth of all industrial sectors in Southern India and Chennai, being one the only metro in South has helped Tamilnadu to immerged as a manufacturing hub as well base for large industrial houses, consultants, contractors etc. With large Petro-Chemical, Chemical, Sugar, Power and Automobile industry, Chennai is natural choice for conducting an exhibition on Coatings & Paints Industry.
The Indian coatings industry has traditionally been categorized into the organized (large-scale) sector and the SME Sector. With the emergence of the SME sector as a significant stake-holder, there is a new categorization that speaks of the large-scale, the small-scale and the medium-scale sectors. Both the segments have been showing robust growth in the last few years. The demand in tier II and tier III cities is also growing and, in fact, is growing at a faster rate than the tier I cities.
Presently, the growth of the Indian paint industry is being witnessed from new demand pockets, especially in Tier-II and Tier-III cities, thus, signaling the growing acceptance of quality products among the masses. The growing popularity of quality paints and increasing income levels of people residing in Tier-II and Tier-III cities have pushed the growth in premium paint market of Indian decorative paint industry. The report further classifies decorative paint market by product class which includes premium paints, mid-tier paints and economy paints.
Exhibition on Coatings and Paints
To bring the latest of Coatings & Paints Technology to South Indian market and provide comprehensive platform for manufacturers and users from industry to come together to explore an discuss, SMART EXPOS , has launched an exclusive show "". The show will bring in the Domestic and International players in these sectors to demonstrate their latest technology, products and initiatives for visitors.
To bring the latest of Coatings & Paints Technology to South Indian market and provide comprehensive platform for manufacturers and users from industry to come together to explore an discuss, SMART EXPOS , has launched an exclusive show "".
For any queries pertaining to participation, space booking, visiting, or sponsorship, please feel free to contact Mr. Ragunath +91 97890 95249.. click here to