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Market facts
Why India?
India is one of the world’s fastest growing economies. The growth in its population and higher standard of living are driving forward in particular the subcontinent’s construction and automobile sector, while the demand for consumer goods is also rising. In all these areas the material glass plays a superior role, for example as a modern construction material in architecture, as packaging material for foodstuffs and pharmaceutical products, as vehicle glass or the basis for displays and communication cables in the electronics industry.
The Indian economy has significant momentum
India is among the fastest growing economies worldwide
Expected additional investments of approx. 500 bn US$ till 2012
Source: ¹DB Research, ²BFAI, *1.Q. 2008
Several trends fuel growth in all segments of glass usage
Usage of Glass in India
- Construction sector
- Automobile industry
- Consumer goods industry
- Pharmaceuticals
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