Higher cost of input particularly Soda ash, which constitutes about 30% of cost of production of glass products, is one of the major factors contributing to the higher cost of glass and glassware.
The Glass industry consists of four main segments-Container glasses, Specialty glass, Flat glass and Fibreglass. Container glass, which is the largest segment in the glass sector, comprises of glass packaging for consumer goods and pharmaceuticals. Next largest segment is the specialty glass, which is mainly used, in technical applications such as electronics and engineering. Flat glass segment comprises of float glass and rolled glass, which are mostly used in architectural and automotive applications.
The Indian Glass industry has been growing across all segments. This growth has been driven primarily by India's growing automotive and construction sectors in which glass is used. The container glass industry benefits from growing awareness on account of rising hygienic packaging demand,Read More »from Glass industry: Abolish customs duty on Soda Ash