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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM17878
Volume:
7 |
3 |
Mar 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The thriving urban construction sector in India, coupled with increasing disposable incomes in rural areas, is moving roofing solutions market to the next generation products. Industry sector is also witnessing a gradual shift towards prefabricated buildings, and is indicating an increased willingness to try contemporary roofing materials that are easy to maintain and long lasting. This is largely reflective of the rural landscape which is gradually shifting towards concrete, metal and fiber cement roofing. Warehousing is a leading demand driver for roofing products in India. Industry sources estimate demand for warehousing to grow at an annual rate of around 9% over the next five years. India roofing market was estimated at INR345 billion in 2019-20 Of the total market RCC accounted for a major share of around 56%. Therefore, whenever the economic conditions improve the first choice of the rural poor to replace the roof over their head with a stable roofing sheets. The rural spending is going to further be strengthened due to adequate rainfall in current year.
KEYWORDS
Publication Date
1/2/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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