Over the past few years, the tyre industry has developed at a similar pace to the automotive industry. Diverse changes in both branches of the industry will lead to a shake-up of the industry and its global markets.
The wires and cables industry in India has come a long way, growing from being a small industry to a very large one, over the past decade.The increasing demand for power, light and communication has kept demand high for wire and cable.
LED is the new buzz word on the Lighting canvas around the world, and India is no exception. Driving on the back of energy efficiency and environment friendliness, LEDs are set to take over as a front runner in the lighting industry CFL in the 5 years.
Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. they are highly sensitive to interest rates and consumer demand.