The Flat Glass Industry In India - Current Trends

The liberalisation of the Indian economy which began around 1991-2 has radically changed the shape of industry. Leading international glass groups have now set up joint ventures for float glass plants with invesment by them and others totalling around US$290m. Commercial production of float glass began in early 1993, and there is now concrete evidence of industrial evolution. Investment, production capacity, demand and competition are all much healthier than once although profitability has, perhaps inevitably, suffered somewhat.