Month: May 2018

Growth Of The Furniture Industry In India

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India is a land of wonderful and marvelous artistic work of wood. The rich handicraft and beautiful traditional attributes of art and design have established a reputation of Indian Furniture Industry in the nation and worldwide. The exceptional designs, rich, compact, and luxurious trends and, not the least, the supreme quality have given elegance to the furniture segment in the traditional as well as modern aspect.

The fast emerging concept of standard lifestyle, interior designing, sense of comfort and architecture has given Furniture Industry an essential ever growing platform and thus empowering the industry to be termed as great manufacturers and exporters of grand quality furniture in terms of art, style, technology and beauty. And of course, globalization and media are also strong factors to give rise to the industry. The strongest factor for this upraise is the huge investment done by the foreign manufacturers and the credit definitely goes to versatile range of products by the industry.

The Indian wooden furniture industry is generating approximately a turnover of Rs 3,500 crore annually. The market of wooden furniture solely owns the share of nearly Rs 60 crore. And as per one of the survey done recently, the industry is expected to grow by 20 percent in coming times.

The marked development of the industry has enhanced the leading foreign brands to budget in their confidence and money in Indian Furniture Industry. The world market now feels pleasure and confident to join hands with Indian Furniture brands, to name few are Godrej & Boyce Manufacturing Co. Ltd., Furniturewala, Zuari, Yantra, Renaissance, N R Jasani & Company, Furniture Concepts, Durian, Kian, Millenium Lifestyles, Truzo, PSL Modular Furniture, BP Ergo, Tangent, Featherlite and Haworth and much more to add to the growth of the industry.

To conclude the vast development and growth of the industry, it can be well quoted that it has infact become a great pride for the nation to hold a magnificent impact for its fine art and marvelous work in furniture all over the world. The future is with too many bright colours of growth miles and miles ahead in terms of unique furniture of all trends to occupy every thought of decorating or renovating the era for decades and decades. Three cheers for the excellent growth of Indian Furniture Industry.

Value addition in the Indian food industry Ushering in a new Era

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India, a subtropical country with varied agro-climatic conditions, is suited for the growth of varied fruits, vegetables and spices which form an integral part of the food of Indian households. The country has enjoyed enviable position in the world in the growth of many agricultural commodities. The Indian food has always been cooked in the aromas of Indian spices which are good for health, add to the taste and provide richness to it recipes.

There is a perceptible change in the way food lands up in our homes for being eaten. This change has been due to the impetus given to the growth of the agro-processing units which convert the raw food materials into processed and semi-processed foods, ready to be eaten by the people with a few minutes of preparation. This value addition in the form of packaged foods has led to some diversion of the raw materials from the markets to the industries.

This value addition has made things a lot simpler for the people who no longer have to first accumulate all the ingredients including the common table salt and then wait for the food to be cooked. This has also introduced more variety in the Indian food market, giving more choices of delicious cuisines to the consumers. The earlier versions of the packed food available in the markets were the spice blends in the form of the famous chat masala. The recent movements are not confined to the spice blends only but these are now moving towards the agro-commodities offering the ready-to-eat recipes of delicious cuisines.

The packed food is long lasting. Suitable preservatives and the climate control features of the store give it a longer shelf life than the raw or the cooked food. Further, the food can be made ready for eating within minutes. So, you can have the instant drink in the form of tea or coffee ready within minutes. Another important feature of these value added foods is that there are well defined quality norms which make this food retain its nutritional and health value. The industries are governed by the relevant laws and all the operations take place is a totally hygienic environment with full quality control measures in place. What you get in the end is a quality product having all ingredients in definite proportions and with a standard and unique taste of its own.

Earlier, the type of food which was most commonly launched in the packed form was the snacks items or the so called junk food, such as noodles. However, there has been a shift. Now, the focus of agro-processed food is turning to the main course foods as well as the desserts and the instant drink. Further, there has been an increase in the number and variety of these processed products. There has also been a growth in the number of brands available in the market. With consumers liking these products, there are likely to be many more additions in the product range in the near future.

Fashion Forward Customers Lead The Apparel Industry

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Fashion industry has gone through a rapid transition during the past decade. With unpredictable trends popping up every now and then, who is leading the industry?

In a global perspective, fashion apparel is one of the most important sectors in the clothing industry in terms of customers, investment, revenue generation and employment. The industry is anticipated to grow in leaps and bounds in the years to come. Apparel industry, like the autumn trees shedding leaves, making way for future growth is experiencing changes frequently, undergoing positive evolutions. A recent market estimate states that global fashion apparel industry will reach a value of $ 1,781.7 billion by 2010. Apparels, especially fashion garments have a very short life cycle with unprecedented trends springing up every now and then. Manufacturers adopt creative ideas to enhance their business models and strategies.

Consumers – the driving force:

Todays consumers are well aware of the upcoming trends, and competitive pricing. Media such as internet, magazines, and television are playing an integral role in spreading the awareness. They have become more demanding, expecting a cost-effective deal in terms of both quality, and pricing. Fashion apparel industry is one of the fastest moving industries and is more consumer driven. Apparel retailers sketch solutions for branding their merchandise, and enable adequate supply of products through their supply chain. Manufacturers are putting their best foot forward in improving the performance of the apparel supply chain, and offering a wide assortment of garments matching with the latest trends.

Fashion Forward Consumers the key facet of apparel retailing:

A recent market survey by Acxiom exploring the fashion choices, and preferences of customers revealed that they can be classified into three main categories:

“Fashion Forward consumers: who look for latest trends and styles.

“Traditional consumers: who prefer to have a conservative look in their garments.

“Value driven consumers: who seek more value and comfort in their apparels, rather than fashionable looks.

The research further states that, of the total mass of consumers surveyed 50% of them are value driven, 34% of them are traditional, and fashion forward consumers make a mere 16% of the total population.

Despite the minority population, the third category of consumers, are likely to spend more on apparel purchases than the other two groups, and have the tendency to refer their friends and colleagues to their preferred retailer. Fashion forward women tend to spend 1.7 times more on apparel comparatively over traditional consumers, and 2.7 times more than value driven consumers.

Characteristics of the Fashion Forwards:

“Fashion forward people generally belong to the higher income group.

“People from the age group of 18-33 are more fashion forward though they constitute of only 27% of the total population.

“Fashion forward women account for 32% of the total sales of apparels which is almost half of the purchases of the women from the other two groups.

“Irrespective of their income level, fashion forward people like to shop in Departmental stores, and specialty shops for their apparels.

“They prefer to shop for fashionable apparels and a fashion forward shopping experience.

Retail Strategies:

In this highly competitive world, retailers have to compete more than ever to gain the customers attention. Retailers come up with creative ways to convince the customers, making their shopping experience more memorable, and convenient. Achieving high performance requires the communication of a core set of emotional values, and establishing continuous relationship with the customer.

“Special Discounts: Consumers can pre-order apparels from the forthcoming collection and avail a significant amount of discount.

“Feedbacks and Suggestions: Retailers take regular feedback from their customers.

“VIP Privileges: For a specific amount of money paid, the customers get exclusive privileges along with the apparel of their choice.

“Credits: For every apparel purchased, the customer gets credit which can be added up, and redeemed later for specific services.

The harness of the fashion apparel industry is undeniably in the hands of the fashion forward customer, despite of their small size. A customer, who is satisfied with his shopping experience with a particular retailer demands even more the next time. In the business of fashion apparels, the success of the retailer depends on his ability to understand, and exceed the customers expectations, to surprise, and excite them.

Industry Consolidates As Vitalife Joins The Trump Network

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VitaLife Networks a Florida based nutritional network marketing company, with independent marketers in all 50 states, joins with The Trump Network (TTN) . VitaLife members currently market a full line of nutritional products; making them ideal candidates to market The Trump Networks unique line of wellness based products and services.

We studied our product mix and our marketplace, our business opportunity and compensation, and especially the systems needed; not only to attract new marketers, but also the systems required to develop the individual and give them the best opportunity to be successful. Once we identified what we needed, it became obvious that there was one company, and only one, that already had the values, systems and sustainable infrastructure in placeThe Trump Network.

The Trump Network was a perfect match for VitaLife.

VitaLife is passionate about the Wellness Revolution and has provided and marketed high quality nutritional products since its inception. By transitioning to The Trump Network, the VitaLife Marketers will be equipped with the very best products, training, tools, and systems the industry has to offer.

Barry and Luronda Joye, the Leaders of the VitaLife Marketing Community are excited, confident, and ready to build. “All the things it takes to create a sustainable and profitable business converge here and we are grateful and thrilled to take advantage of The Trump Network’s incredible programs.”

1.TTNs Custom Essentials(R) delivers personalized nutritional supplementation based on the individuals biochemistryproviding a competitive edge.
2.TTNs Silhouette Solution(R) provides access to the lucrative $50 billion weight loss industry.
3.TTNs compensation system provides aggressive short term income and long term wealth building.
4.TTNs systems and technology provides the framework and support to grow and maintain the business, and provide personal development for its members.

The Trump Name provides instant recognition and credibility which allows our members to recruit much faster and maintain much longer.
We looked at everything in our market when choosing the best fit for our community, says Jim Fulford. We came to the same conclusion that Trump did when he selected Ideal Health to become The Trump Network.

They have the right product mix, are in the right markets, and have an entrepreneurial leadership team committed to building a multi-billion dollar company. And now with The Trump Network name, we believe they are perfectly poised to dominate the industry. Everyone at VitaLife is excited about this new opportunity. Our team will play an integral role as we build a bright future at The Trump Network.

We are thrilled to have the members of VitaLife join The Trump Network team. We work hard to provide the products, training, and support needed to help our Marketers compete in the marketplace. We look forward to helping each member of VitaLife get off to a fast start, said Lou DeCaprio, President, The Trump Network. We believe in the VitaLife corporate leadership team and I look forward to meeting the rest of the Vitalife members during our many conference calls and as I travel the country to share The Trump Network story.

The VitaLife team is now operating as Trump Marketers as the Diamond Success Partners Team. To learn more about the Diamond Success Partners team, visit www.dsptn.com.

Malaysia Electricity Industry-overview,trends,prospects And Swot Analysis

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Emerging Markets Direct (EMD) released their latest Malaysia Electricity Industry Report. The electricity, gas and water industry in Malaysia contributed approximately RM17.71 billion (2.61%) to the country’s total GDP in 2009. Over the years, the annual growth rate of Malaysia electricity generation has declined. Electricity generation achieved the lowest growth rate (since 1990) at 0.99%, whereby the annual growth rate of electricity generation was averaged at 10.3% in the 1990s.

Malaysia electricity market was affected by the global economic downturn and thus a slowdown in the domestic market activity particularly in the first six months of 2009. In this regard, total electricity sales saw a decrease of 1.35% in 2009. Talking about electric generation capacity, Malaysia had a capacity of 21,817MW, which marked an increase of 10.6% as compared with 2008. The electricity generation in the Peninsular Malaysia was approximately 89.53% of the country’s total electricity generation in 2008. Sarawak and Sabah, the minority electricity generators, accounted for 6.06% and 4.41 % of the total electricity generation respectively.

High reserve margins incur high maintenance costs. The Ministry of Energy, Water and Communications was expecting reserve margins in Peninsular Malaysia to be reduced gradually from 40% to 20%. According to the Economic Planning Unit of Malaysia, the reserve margins for Peninsular Malaysia was estimated at 25.4%, Sabah at 37.2% and Sarawak at 24.5%, which should all meet the expected increase in demand. Our analyst thinks that, the generation reserve margin will be at a very prudent level by 2016.

Owing to the escalating gas and coal prices, the Malaysian government announced the restructuring of electricity tariff in which less than half of the domestic households would be affected by the new tariffs as long as they maintain their usage rates. In less than one year time, the Malaysian government revised the tariff plan again to reflect the changes in fuel prices and support the government’s efforts to introduce economic stimulus package.

What are the trends and developments of Malaysia Electricity Industry? How does the five-fuel policy affect the power generation mix of Malaysia? What are the on-going Hydroelectricity power development projects? How does the government encourage the use of renewable energy in power generation?

Want to have an overview and competitive analysis (SWOT) of the major industry players?
-Tenaga Nasional Berhad (TNB)
-YTL Power International Berhad (YTL Power)
-Malakoff Berhad (Malakoff)
-Tanjong Public Limited Company (Tanjong)

Check our pages now and you’ll find the answers from our Malaysia Electricity Industry Report.
http://www.emergingmarketsdirect.com/products/Malaysia-Electricity-Industry.html

Table of Content
1. Industry Profile
1.1 Electricity Supply Industry
1.1.1 Industry Size
1.1.2 Electricity Maximum Demand and Installed Generation Capacity
1.1.3 Electricity Sales, Consumption and Generation
1.1.4 Power Generation Utilities
1.1.5 Reserve Margins
1.2 Regulatory Environment
1.2.1 Energy Function
1.2.2 National Energy Policy
1.2.3 Rural Electrification
1.3 Electricity Supply Industry Trust
2. Market Trends and Outlook
2.1 Electricity Tariff
2.1.1 New Electricity Tariff
2.2 Power Purchase Agreement (PPA)
2.3 Generation Mix and Fuel Costs
2.4 Renewable Energy (RE)
2.5 Fuel Cells
2.6 Industry SWOT
2.7 Market Outlook 14
3. Leading Players and Comparative Matrix
3.1 Listed Dominant Electricity Utility
3.1.1 Tenaga Nasional Berhad (TNB)
3.2 Independent Power Producers (IPPs)
3.2.1 YTL Power International Berhad (YTL Power)
3.2.2 Malakoff Berhad (Malakoff)
3.2.3 Tanjong Public Limited Company (Tanjong)
3.3 Comparative Matrix
3.4 SWOT Analysis

4. Tables & Charts
Table 1: Summary of Malaysia Power Sector 2000, 2005 and 2010e
Table 2: Old and New Domestic Tariff
Table 3: New Commercial Tariff
Table 4: New Industrial Tariff
Table 5: Generation Mix
Table 6: Malaysia Renewable Energy Value in 2005
Table 7: Status of Renewable Energy in Malaysia
Table 8: Electricity Supply Industry SWOT
Table 9: Development Expenditure & Allocation for Electricity Sector from 2000 to 2010
Table 10: Tenaga Nasional Berhad’s Headline KPIs 2007- 2010
Table 11: Tenaga Nasional Berhad Financial Ratios 2003-2009
Table 12: Tanjong’s Power Generation Business
Table 13: Major Independent Power Producers in Peninsular Malaysia
Table 14: Financial Highlights of the Leading Players
Chart 1: Total GDP vs GDP of Electricity, Gas & Water 2000-2009
Chart 2: Contribution of GDP of Electricity, Gas & Water 2000-2009
Chart 3: Electricity Maximum Demand Jan 2009 – Jun 2010
Chart 4: Installed Generation Capacity in Peninsular Malaysia 2005-2009
Chart 5: Installed Generation Capacity in East Malaysia 2005-2009
Chart 6: Generation Plant Mix in Malaysia 2009
Chart 7: Generation Capacity of Major Power Producers in Malaysia 2009
Chart 8: Electricity Sales 2001-2009
Chart 9: Electricity Sales by Tenaga Nasional Berhad
Chart 10: Electricity Sales by Sabah Electricity Sdn Bhd and Sarawak Energy Berhad in 2009
Chart 11: Electricity Consumption in Malaysia 2004-2008
Chart 12: Electricity Generation vs Consumption 2005-2009
Chart 13: Electricity Generation in Malaysia 2004-2008
Chart 14: Electricity Generation, Public vs Private Installation 2005-2009
Chart 15: Generation Mix in Malaysia 2009
Chart 16: Generation by Major Power Producers in Malaysia 2009
Chart 17: Export of Electric Current Jun 2007 – Jun 2010
Chart 18: Reserve Margin of Peninsular Malaysia 2000-2009
Chart 19: Rural Electrification Coverage from 2000-2010, by Region
Chart 20: Regional Overall Tariff Comparison in 2008
Chart 21: Regional Overall Tariff Comparison in 2009
Chart 22: Tenaga Nasional Berhad Generation Mix in 2009
Chart 23: Tenaga Nasional Berhad Operational Efficiency 2002-2009
Chart 24: Tenaga Nasional Berhad Operational Statistics
Chart 25: Tanjong’s Revenue Breakdown by Segment 2009 and 2010

About Emerging Markets Direct
Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product-Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Markets in-house analysts crunch the numbers from our proprietary CEIC databases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service, Emerging Market Direct reports are available now at our online research store. Our Other products are: Dealwatch, CEIC snapshots, CEIC datatalk, Intellinews. To view our full catalogue of products, please visit http://www.emergingmarketsdirect.com