Furniture Industry In India Kpmg

Indian furniture industry as of 2006 the indian furniture market is estimated to be worth us 7 922 million.

Furniture industry in india kpmg.

The much awaited real estate regulation and development bill. Indian furniture industry is considered as a non organized sector with handicraft production accounts for about 85 of the furniture production in india. The design of the article for both aesthetic and functional qualities is an important aspect of the production process. Un calls for 2 5 trillion coronavirus crisis package for developing countries unctad news release 30 march 2020.

Moreover the market is expected to garner. Scenario of furniture industry in india the range of indigenous furniture available in india includes both residential and contract system furniture with an increased concentration in office and household furniture. Assessing the impact of right to education act. The furniture sector only makes a marginal contribution to the formation of gdp representing just a small percentage.

Covid 19 coronavirus pandemic worldometer accessed on 4 april 2020 2. And ikea india private limited. The india furniture market is anticipated to reach usd 32 61 billion by 2018 by registering a cagr of 13 38 during the forecast period i e. The most popular forms of indian furniture include home garden furniture office furniture kitchen furniture bedroom furniture upholstered furniture seating furniture parts and contract furniture in wood metal plastic cane and bamboo.

Assessing the impact of right to education act. Ltd usha shriram enterprises pvt. Some of the major players operating in india furniture market are godrej boyce manufacturing company limited nilkamal limited durian industries limited forte furniture products india private limited haworth india private limited featherlite office systems pvt. Real estate regulation and development bill 2016.

Kpmg in india with its vast repertoire of skill sets and resources is aptly positioned to offer clients an array of services. Kpmg in india analysis nic 2008 the processes used in the manufacturing of furniture are standard methods of receiving material cutting moulding component fabrication assembly finishing packaging. About 11 per cent us 152 million of this wooden furniture is imported and imports are growing at 50 to 60 per cent every year. Kpmg in india s media and entertainment report 2019.