Indian Refractory Industry - heading slowly towards growth

摘要

The Indian refractory industry is heading for growth, however on a slow pace. This is clearly shown as net sales turnover being Rs.4873.54 crores in 2010 - 11 increased to approximately Rs.5390.25 crores in 2011 -12 which means approximately 10.56% growth in sales volume compared to last year's 26.47% growth following a slump. On the other hand, the import of refractories which stood at Rs.1493 crores in 2010 -11 increased to around Rs.2156 crores in 2011 -12, which means an amazing increase of around 44%. There has been big surge in the import of silica bricks, monolithic and some other products.