The windows and doors market in India has been on the rise and this has been a result of the factors like urbanization, increasing middle class income and of course the real estate business growth. The market is expected to rise in consistent manner and it is projected to have steady CAGR for the next few years. Among the most important factors that will affect this market, population density takes a significant role. This is because when people from the countryside migrate to the cities they require houses and premises for commercial, residential and other uses. This in return creates the demand for windows and doors. The expansion of this sector can also be attributed to the Indian government through the Smart Cities Mission since it aims to develop smart cities and therefore requires construction works.
In addition, the real estate segment is also one of the major contributors to the market growth which has expanded significantly because of the government initiatives like PMAY. The offices, retail, and hospitality segment of the commercial real estate is also expanding at a very fast pace, so there is a demand for quality windows and doors. There are certain trends that are defining the market and one of the trends is the use of sustainable products. At the moment, the manufacturers are focusing more on the research and innovation to find ways of producing products that will meet the new environment standards as well as the market trends on green products.
In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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