Market Research Report Ductile Iron Pipe Market 2017,Ductile iron pipes m
Indian Government Investment on Water Infrastructure & Sanitation
Coverage, Housing For All By 2022 and ‘Make In India’ initiative will
boost India DI & HDPE Pipe Market: Ken Research
India DI & HDPE pipe market value will escalate in future owing to
government’s focus on water infrastructure for potable water supply and aim
of achieving 100% sanitation coverage in India. Government’s Housing for all
by 2022 focuses building 2 crore houses for poor including economically
weaker sections and lower income groups.
India DI & HDPE pipe market is majorly driven by high demand in domestic
market. Indian Government introduced ‘Make in India’ initiative in 2014
which has brought ease for foreign players to manufacture pipes in India and
sell at lower cost, avoiding excise duties and taxes.
Companies’ focus on increasing their exports and enhancing production
levels & production capacities would aid in sustaining growth of the market.