#Indian Oil revenue

[tdsci]

Indian Oil surpasses estimates with 67% spike in Q4 net profit at Rs 10,059 crore

Average gross refining margin (GRM) for the year April- March 2023 was $19.52 per barrel Indian Oil Corp Ltd on May 16 reported 67 percent year-on-year jump in standalone net profit to Rs 10,059 crore for the quarter ended March 2023. Net profit stood at Rs 6,021 crore in the year-ago period. The state-owned oil marketing company‘s revenue from operations jumped almost 10 percent YoY to Rs 2.26…

[msfbgraves]

A new, insidious anti wga take is "Minirooms are good, because group writing produces bad scripts."

I live in a film landscape with very few writing teams. And do you know why Hollywood dominates the worldwide film industry? Because they can produce good scripts incredibly fast, and cheaply. The only reason most European things even get made at all is that these productions are subsidised by tax money. It makes no financial sense to compete with the oiled machine that is Hollywood, they simply cannot sustain the amount of good writers that the Hollywood system can. Writer's rooms with well paid writers are a huge upfront cost, but they are the reason that near everybody in the world watches Hollywood productions. Minirooms can't work as fast, or as well, and that's why they're creaming their pants about AI, because that can work even faster. If that output stops, they're going to lose so much foreign revenue. It's cheaper to program American content, but if there isn't enough of that, it's suddenly cheaper to program other foreign content. Who cares what language they're dubbing from amirite? Maybe domestic movies start to fare better! Right now, Hollywood attracts all the best foreign talent, too - Brits, Irishmen, Germans, Dutchmen, Italians, Swedish, French, Australian, South African, Latin American, Indian, Chinese - the reason they all get cast is not because it's more convenient for the Yanks to hire foreigners they often simply are world class greats. And they can and do work anywhere the work is good.

So no, the US couldn't put out so much good stuff with minirooms only. And if they already hold a lot of foreign chains hostage, saying so much capacity must go to their product - and goodness that's often what it is - if it gets too bad you cannot compel enough people to go see it even then. AI could resolve the unsustainability of minirooms by being faster, but it can't sustain a minimum of quality and that was already hurting the box office.

And sure one good writer can write a very good movie or series but they cannot do it fast, not for long, and even the best showrunners are already understaffed. If Hollywood cannot supply the cheapest "content" for movie theatres, Latin America, China, Africa and Europe are going to program any other foreign stuff, while India, New Zealand and Australia are going to buy other English language fare. Or perhaps they'll dub. Simply put you need a lot of writers and the very best actors to supply the whole world. Minirooms aren't cutting it, even the execs know that, that's why they're hoping to exploit people with theft machines.

[researchrealmblog]

North America is Dominating the CBD Oil Market 

In 2022, the CBD oil market size stood at USD 5,230.9 million, which is projected to witness a 20.8% CAGR during 2022–2030, reaching USD 23,720 million by 2030 as per P&S Intelligence. 

CBD is a chemical found in the cannabis Sativa plant and removed from cannabis or hemp. Hemp is a more popular feedstock since it contains more CBD. Because of its beneficial properties, the need for CBD in the wellness and health industry is growing. Furthermore, the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is the main reason projected to fuel their production.

The marijuana category is projected to surge at a CAGR of 22% and is also estimated to continue its dominance in the future as well. The growing acceptance of purified CBD products and the rising legalization of marijuana-resulting items for numerous research and medical purposes are the main factors contributing to the growth of the category. For example, ancient Indian Ayurvedic methods used cannabis as a vital element in medicine for the betterment of blood pressure and digestion.

The hemp category is estimated to experience moderate growth in the coming years. This growth is majorly credited to the increasing need for hemp in the medicinal sector and rising awareness among consumers of fitness and health, along with the snowballing customer income and legalization of cannabis.

Furthermore, industrial hemp seeds hold calories, protein, and other nutrients. Individuals use it mostly for dieting, constipation, eczema, and other purposes. Numerous industries, including food and beverages, personal care, and cosmetics are using such seeds to grow products for health, wellness, and fitness.

In 2022, the B2B category led the market, with the highest revenue share of 52%, and is projected to continue its dominance in the years to come. This can be ascribed to the increasing number of investors, wholesalers, and producers of CBD oil products.

The demand is also snowballing due to the cannabidiol products requirement mounting in numerous industries, including cosmetics sectors, health, and wellness, and food and additives, the medications sector has amplified the demand for businesses to procure cannabidiol precursor material for their product in bulk.

North America held the highest revenue share of above 84% and is projected to continue its dominance in the coming years also. This growth can be credited to the authorization of cannabidiol for therapeutic and research purposes in the region. The position of the item as a natural phytocompound, its robust promotion by companies as a lifestyle and wellness item, the introduction of cannabidiol-based medicines, including Sativex and Epidiolex, and the extensive availability of numerous products comprising this compound are further projected to surge the sale of cannabidiol oil in the continent in the future.

Hence, the need for CBD in the wellness and health industry is growing, and the mounting use of CBD-rich items because of government approvals for recreational, medical, and R&D purposes is a major factor that will drive the CBD oil market in the future. 

Source: P&S Intelligence

[exportimportdata-blogs]

How Is Mustard Oil Export from India Impacting Global Markets?

What Is Mustard Oil Export from India?

Mustard oil export from India refers to the international trade of mustard oil produced within the country. As one of the leading mustard oil exporters in the world, India plays a pivotal role in meeting global demand for this essential cooking oil. Mustard oil is not only popular for its rich flavor but also for its numerous health benefits, making it a sought-after commodity in many parts of the world. In this article, we will explore various aspects of mustard oil export, including its export data, major markets, and how India’s role as the largest exporter of mustard oil impacts the global trade landscape.

Why Is Mustard Oil Export from India Growing?

India’s mustard oil export has been on a steady rise in recent years, and several factors contribute to this growth. One of the primary reasons is the country’s large production capacity, thanks to the vast agricultural land dedicated to mustard seed cultivation. Additionally, the growing awareness of the health benefits of mustard oil has led to increased demand in countries where it was previously underutilized.

Mustard oil is rich in healthy fats like omega-3 and omega-6, which are known to support heart health and lower cholesterol levels. As global consumers become more health-conscious, mustard oil is gaining popularity as a healthier alternative to other cooking oils. This trend is reflected in the rising export of mustard oil from India, as countries look to import high-quality mustard oil for both culinary and medicinal purposes.

What Does Mustard Oil Export Data from India Reveal?

Mustard oil export data from India provides valuable insights into the performance of the mustard oil trade over the years. The data includes information on the volume of exports, the value generated, and the countries that import the most mustard oil. According to the latest mustard oil export data from India, there has been a consistent increase in both the quantity and value of mustard oil exports. The data highlights:

Export Growth: India has seen a steady rise in mustard oil exports, driven by increasing demand in international markets.

Key Markets: Countries like the United States, Bangladesh, Nepal, and the UAE are among the top importers of Indian mustard oil.

Revenue Generation: The mustard oil export industry has become a significant contributor to India’s export revenues, boosting the agricultural and processing sectors.

By analyzing mustard oil export data, businesses and policymakers can make informed decisions about production, pricing, and market expansion.

Which Countries Import the Most Mustard Oil from India?

India’s mustard oil is exported to several countries across the globe. The major mustard oil importing countries have diverse needs, ranging from culinary uses to industrial and medicinal applications. Some of the largest mustard oil importing nations include:

United States: With a growing South Asian population and increased awareness of mustard oil’s health benefits, the U.S. has become one of the largest markets for mustard oil from India.

Bangladesh and Nepal: These neighboring countries have long been traditional consumers of mustard oil, with cultural and culinary preferences driving strong demand.

United Arab Emirates: The UAE serves as a hub for re-exports to other Middle Eastern countries, making it an important destination for India’s mustard oil exports.

These countries play a crucial role in sustaining the growth of mustard oil export from India, ensuring a steady demand for Indian mustard oil in global markets.

How Does India Compare to Other Mustard Oil Exporting Countries?

When comparing India to other mustard oil exporting countries, India stands out as the largest exporter of mustard oil. However, it faces competition from other mustard oil-producing nations such as:

Pakistan: Like India, Pakistan has a strong mustard seed cultivation base, and it also exports mustard oil to several international markets.

Bangladesh: While primarily an importer of mustard oil, Bangladesh also exports smaller quantities of mustard oil, particularly to regional markets.

Ukraine: Although more focused on mustard seeds, Ukraine is emerging as a competitor in the mustard oil export market, particularly in Europe.

Despite the competition, India remains the dominant player in the global mustard oil trade due to its extensive production capabilities and well-established trade relationships with key markets.

What Challenges Do Mustard Oil Exporters from India Face?

Despite India’s position as the largest exporter of mustard oil, there are several challenges that mustard oil exporters face. These challenges can impact the efficiency and profitability of the mustard oil export industry. Some of the key challenges include:

Fluctuating Raw Material Prices: The cost of mustard seeds can fluctuate due to factors like weather conditions and market demand, making it difficult for exporters to maintain stable pricing.

International Trade Regulations: Mustard oil exporters must comply with various international trade regulations and quality standards, which can be time-consuming and costly.

Logistics and Transportation: Ensuring timely delivery of mustard oil to international markets requires efficient logistics and transportation networks, which can be challenging in certain regions.

Addressing these challenges is essential for sustaining the growth of mustard oil export from India and maintaining India’s competitive edge in the global market.

How Do Mustard Oil Exporters Ensure Quality?

Quality is a crucial factor for mustard oil exporters from India, as international markets demand high standards for food products. To ensure the quality of mustard oil, exporters adhere to several practices:

Strict Quality Control: Mustard oil undergoes rigorous testing for purity, flavor, and freshness to ensure that it meets both domestic and international standards.

Adherence to Global Standards: Indian mustard oil exporters comply with international food safety standards, including those set by the Food Safety and Standards Authority of India (FSSAI) and the International Organization for Standardization (ISO).

Sustainable Farming: Many mustard oil producers in India focus on sustainable farming practices, ensuring that mustard seeds are grown without harmful chemicals or pesticides, thus preserving the natural integrity of the oil.

By maintaining high quality, Indian mustard oil exporters are able to build trust with international buyers and secure long-term contracts.

What Role Does Technology Play in Mustard Oil Export from India?

The role of technology in mustard oil export from India cannot be understated. With advancements in processing techniques and logistics, mustard oil exporters are able to improve the efficiency of their operations and meet growing demand. Key technological advancements that have contributed to the growth of mustard oil export include:

Modern Processing Plants: Many exporters have invested in state-of-the-art processing facilities that allow for the extraction of mustard oil with higher purity and better preservation of its natural nutrients.

Advanced Packaging Solutions: Exporters use innovative packaging methods that extend the shelf life of mustard oil and preserve its quality during long-distance transportation.

Data Analytics: By analyzing mustard oil export data from India, exporters can identify trends and optimize their production to match global demand.

Technology plays a vital role in ensuring that Indian mustard oil maintains its competitive edge in international markets.

What Is the Future of Mustard Oil Export from India?

The future of mustard oil export from India looks promising, with several factors contributing to its continued growth. Global demand for mustard oil is expected to rise as consumers become more health-conscious and seek out natural, nutrient-rich cooking oils. Additionally, India’s robust mustard seed cultivation base ensures a steady supply of raw materials for processing.

To capitalize on future opportunities, mustard oil exporters in India can focus on:

Expanding into New Markets: While traditional markets like the U.S. and Middle East remain strong, there is potential for growth in regions such as Africa, Latin America, and Southeast Asia.

Promoting Health Benefits: Educating global consumers about the health benefits of mustard oil can drive demand in new markets and help mustard oil gain a foothold in regions where it is not yet widely used.

Sustainability Initiatives: Focusing on eco-friendly and sustainable farming practices can further enhance India’s reputation as a leader in mustard oil production and export.

Conclusion

Mustard oil export from India plays a vital role in global trade, with India emerging as the largest exporter of mustard oil to markets across the world. With a strong agricultural foundation, growing demand for healthy cooking oils, and advancements in processing technology, mustard oil exporters in India are well-positioned to continue driving growth in this sector. The future looks bright for India’s mustard oil export industry, as it continues to meet the needs of global consumers while navigating challenges and expanding into new markets.

[ayubalwellness12]

Unlocking the Power of Private Label Ayurvedic Products: A Path to Brand Success

In the current prosperity conscious world, Ayurveda, the old Indian plan of normal recovering, has made areas of strength for a. With a rising interest for comprehensive and regular fixes, various financial specialists and associations are going to private label ayurvedic products to develop their picture commitments. Whether you're a prosperity startup or a spread out association, confidential naming licenses you to introduce premium Ayurvedic things under your own picture without the prerequisite for in-house creation workplaces.

In this blog, we'll explore the benefits, astonishing entryways, and pattern of offering private imprint Ayurvedic things for your business.

What are Private Label Ayurvedic Products?

Private label ayurvedic products can't avoid being things that are made by an untouchable association yet checked and sold under your own business name. These things can go from local upgrades and skincare deals with any consequences regarding hair care and prosperity things.

By picking private naming, you can exploit the creating revenue for typical and exhaustive prosperity plans, while spreading out your picture in a relentless market. The creator handles everything from definition to creation, packaging, and naming, allowing you to focus on publicizing and selling the things.

Benefits of Offering Private Label Ayurvedic Products

1.Customization and Flexibility: Private imprint Ayurvedic makers offer the versatility to make changed definitions. You can work personally with their experts to design things that line up with your picture's ethos and the necessities of your fundamental vested party. Whether you really want an excellent regular upgrade or an Ayurvedic skincare line, the potential open doors for customization are ceaseless.

2.Cost-Effective Production: Cultivating an in-house manufacturing office is a large part of the time cost-prohibitive, especially for little to medium-sized associations. Confidential checking grants you to evade these high blunt costs. You don't have to place assets into creation workplaces, stuff, or inclination, saving basically on above while at this point offering top-quality things.

3.Brand Exclusivity: With private name things, your picture gains first class honors to the thing's character, packaging, and plan. You're not selling traditional things; in light of everything, you're offering specific, stamped things that set you beside the resistance. This helps work with trusting with your clients and braces brand endurance.

4.Scalability:As your business creates, your private name Ayurvedic things can scale with it. Pariah creators can manage extended demand, allowing your item proposing to broaden immaculately without creation delays. This versatility ensures that your business can resolve the issues of a creating client base.

5.Faster Time to Market With ready-to-design or past item contributions, secret name gathering can out and out decline the time it takes to get your things to publicize. As opposed to starting without any planning, you can look over an extent of exhibited Ayurvedic definitions, change them, and have your things arranged accessible to be bought in a more restricted time span.

Popular Categories for Private Label Ayurvedic Products

Accepting for the time being that you're wanting to enter the Ayurvedic market, there are a couple of thing orders that are particularly well known:

1.Herbal Supplements: From insusceptibility advertisers to digestion helps, Ayurvedic supplements are comprehensively sought after.

2.Skincare and Haircare: Things that advance customary greatness, for instance, normal face creams, oils, and hair prescriptions, line up with the prosperity focused tendencies of the current buyers.

3.Weight Management: Ayurvedic answers for weight decrease, assimilation improvement, and detoxification have strong charm.

4.Stress Relief and Sleep Aids: With stress being a regular prosperity concern, Ayurvedic things that advance loosening up and better rest are well known.

5.Detox and Cleansing Products:Ordinary detox game plans, including teas, powders, and local beverages, continue to hang out in the prosperity and wellbeing region.

How to Get Started with Private Label Ayurvedic Products

Choosing the Right Manufacturer is the most essential step. Look for an association that is GMP-affirmed, has serious solid areas for a record, and can offer both arrangement dominance and beginning to end organizations like packaging and stamping. A dependable producer will moreover ensure that the things fulfill managerial rules and stay aware of the realness of Ayurvedic practices.

Choose Your Item offering Contemplate the prerequisites and tendencies of your primary vested party. Which Ayurvedic things reverberate most with them? What are the most recent things in the prosperity market? Whether you want to ship off an Ayurvedic shocker line or focus on local enhancements, understanding your clients will coordinate your decisions.

Change Your Arrangements Various private name creators offer pre-sorted out things that can be adjusted with your stamping, or you can work with them to make a by and large new condition. Change the trimmings, packaging, and imprint to reflect your picture's characteristics and the benefits you really want to pass on to your clients.

Based on Stamping and Advancing Once your classified name Ayurvedic things are ready, your checking and exhibiting strategy will expect a fundamental part in their flourishing. Underline the standard and exhaustive qualities of Ayurveda, and build a brand story that lines up with the creating purchaser interest for wellbeing and legitimacy.

Ship off and Scale With your item offering ready, you can begin selling through your picked stages, whether that is electronic business, brick and mortar stores, or wellbeing centers. As your picture develops positive headway, you can expand your thing reach and augmentation creation with the help of your secret name maker.

Conclusion

Private name Ayurvedic things offer areas of strength for exploiting the prospering wellbeing market while building a momentous brand presence. By banding along with a decent outcast maker, you can appreciate monetarily insightful creation, versatility, and faster market segment. From regular upgrades to skincare, confidential naming licenses you to offer first class Ayurvedic things that resound with the current prosperity of insightful purchasers.

With Ayurveda's everlasting knowledge and your picture's vision, the potential for progress is gigantic. Subsequently, whether you're a wellbeing financial specialist or a business expecting to widen your commitments, secret name Ayurvedic things can be the best approach to opening a turn of events and brand steadfastness in the state of the art market.

By incorporating private label Ayurvedic products into your business, you can embrace the old act of Ayurveda while conveying standard plans that meet the current customer needs. 

Thank you for choosing Ayubal Wellness as your trusted partner in private label Ayurvedic products. 

[forblogmostly]

GRM Overseas Makes Strategic Move with 44% Stake Acquisition in Virat Kohli-Backed Rage Coffee

In a strategic move that underscores its ambition to diversify and expand into new markets, GRM Overseas, a leading exporter of basmati rice, has acquired a significant 44% stake in Swmabhan Commerce, the parent company of Rage Coffee. The acquisition, announced on August 28, 2024, marks GRM Overseas' foray into the fast-growing Indian coffee market, a sector that has seen a surge in demand, particularly among younger, digitally-savvy consumers.

Rage Coffee, co-owned by Bharat Sethi, along with notable investors like Sixth Sense Ventures, cricketer Virat Kohli, and actor Rannvijay Singha, has rapidly gained popularity in the Indian market. The brand’s success can be attributed to its appeal to new-age consumers who are increasingly seeking innovative, high-quality products. With a strong presence in the digital-first, direct-to-consumer (D2C) space, Rage Coffee has positioned itself as a leading player in the Indian coffee industry.

The acquisition by GRM Overseas was executed through a combination of primary infusion and secondary buyouts, although the financial details of the transaction have not been disclosed. This move aligns with GRM Overseas' broader strategy of diversifying its portfolio through its newly launched platform, 10X Ventures. Under this initiative, the company plans to invest ₹200 crore in digital-first, new-age D2C brands, positioning itself as a key player in India’s burgeoning consumer market.

For GRM Overseas, this acquisition represents more than just an entry into the coffee market; it is a strategic alignment with the evolving preferences of Indian consumers. As the company’s Managing Director, Atul Garg, highlighted, the partnership with Rage Coffee is seen as an opportunity to expand the brand’s domestic market presence while leveraging GRM’s established distribution network and expertise in the export markets. This synergy is expected to enhance Rage Coffee’s reach and impact, allowing it to tap into new customer segments and markets.

Bharat Sethi, the CEO of Rage Coffee, expressed optimism about the partnership, noting that GRM Overseas brings a wealth of corporate capabilities, industry expertise, and a robust distribution network to the table. This collaboration is poised to accelerate Rage Coffee's growth, enabling it to scale its operations and broaden its product offerings. Sethi emphasized that GRM Overseas not only understands Rage Coffee’s mission but also shares a complementary vision for the brand’s future.

The strategic acquisition is expected to strengthen GRM Overseas' position in India’s packaged food market, a sector that is witnessing rapid transformation driven by changing consumer preferences. With a reported revenue of ₹1,345 crore and profits of ₹105 crore for the fiscal year 2024, GRM Overseas is already a formidable player in the rice, atta, and edible oil sectors. However, the company’s leadership has made it clear that they aim to derive 20% of their future revenue from new-age companies like Rage Coffee, signaling a shift towards more diversified and innovative product lines.

As GRM Overseas integrates Rage Coffee into its portfolio, the company is poised to leverage its extensive resources to fuel the coffee brand’s expansion. This includes tapping into GRM’s established export markets, where there is significant potential for growth. The acquisition is also expected to bring about operational efficiencies, with GRM Overseas applying its industry knowledge and infrastructure to streamline Rage Coffee’s supply chain and distribution processes.

This acquisition is a testament to GRM Overseas' ability to adapt and thrive in a rapidly changing market landscape. By investing in a brand that resonates with the new-age consumer, GRM is positioning itself to capture a larger share of the evolving Indian food and beverage market. The collaboration with Rage Coffee not only broadens GRM Overseas' product offerings but also enhances its appeal to a younger, more diverse customer base.

As the partnership between GRM Overseas and Rage Coffee begins to unfold, the market will be closely watching how the integration of these two companies plays out. With both entities bringing unique strengths to the table, the collaboration is expected to yield significant benefits for both parties, driving growth and innovation in the Indian coffee market and beyond.

At the time of the acquisition announcement, GRM Overseas' stock was trading at ₹269.36 on the National Stock Exchange, reflecting a slight dip of 0.04% from the previous close. However, the long-term outlook for the company appears promising, as it continues to execute its strategic vision of expanding into high-growth markets and investing in new-age brands. As GRM Overseas embarks on this new chapter with Rage Coffee, the industry will be keenly observing the impact of this partnership on the company’s overall performance and market position.

[akshat-kapoor]

Reliance Share Price: A Comprehensive Overview

Reliance Industries Limited (RIL) is one of India's most valuable and influential companies, with a diverse business portfolio spanning petrochemicals, refining, oil & gas exploration, retail, and digital services. As a result, the Reliance share price is closely watched by investors, analysts, and market participants both in India and globally. In this article, we delve into the key factors influencing the share price of Reliance Industries and what investors should consider when monitoring this stock.

1. Historical Performance

Reliance Industries has been a consistent performer in the Indian stock market, reflecting the company’s strong financial health and diversified business model. The stock has seen significant appreciation over the years, driven by growth in its core businesses and successful expansion into new sectors such as telecommunications and retail.

2. Key Drivers of Reliance Share Price

Business Diversification: Reliance’s ability to diversify its revenue streams has been a major factor in its stock price performance. The launch of Jio, its telecommunications arm, revolutionized the Indian telecom industry and provided a significant boost to the company's earnings.

Earnings Reports: Quarterly earnings reports play a critical role in determining the short-term movements in the Reliance share price. Strong earnings, driven by growth in core businesses or new ventures, generally lead to an uptick in share price.

Market Sentiment: Market sentiment towards the Indian economy and specific sectors like oil & gas, retail, and telecommunications also impacts Reliance’s share price. Positive sentiment can drive the stock higher, while negative sentiment may weigh it down.

Global Oil Prices: As a major player in the refining and petrochemical sectors, Reliance’s share price is sensitive to fluctuations in global oil prices. Higher oil prices can boost the profitability of its refining business, while lower prices may impact margins.

Regulatory Changes: Changes in government regulations, particularly in sectors like telecommunications and energy, can have a direct impact on Reliance’s operations and, consequently, its share price.

3. Recent Trends

In recent months, the Reliance share price has shown resilience despite global economic uncertainties. The company’s focus on reducing debt and enhancing shareholder value through strategic investments has been well-received by the market. Additionally, the growth prospects of its digital services and retail ventures continue to attract investor interest.

4. Investor Outlook

Investors looking at Reliance Industries should consider the company's long-term growth potential, driven by its diversified business model and strategic initiatives. While short-term fluctuations in the Reliance share price may occur due to market volatility or external factors, the overall outlook for the stock remains positive, particularly as the company continues to expand its digital and retail footprint.

Conclusion

The Reliance share price is a barometer of the company’s performance and the broader economic environment in India. Investors should keep a close eye on the key factors discussed above to make informed decisions. With its strong fundamentals and growth-oriented strategy, Reliance Industries remains a significant player in the Indian stock market, making its share price an important metric for investors to monitor.

[market-insider]

Acetic Acid Products: Analyzing Current Size, Share, and Growth Trends

The global acetic acid market size is expected to reach USD 23.02 billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030, as per the new report by Grand View Research, Inc. The growth of the market can be attributed to the rising demand for the product in industries such as construction, pharmaceuticals, and textiles. Acetic acid is widely used in the production of paints and coatings, which are in high demand due to the increasing desire to elevate the aesthetics of houses worldwide. The paints and coatings market are expected to grow significantly in the coming years, driven by factors such as increasing demand from various end-use industries, rising construction activities, and growing urbanization.

Acetic Acid Market Report Highlights

Based on application, the vinyl acetate monomer segment is expected to witness the fastest growth rate with a CAGR of 7.8% globally. This is attributed to its wide utilization in the paints & coating industry. Acetic acid is an essential raw material for the production of vinyl acetate monomers. Hence, the increasing demand for vinyl acetate monomer is directly influencing the product demand

Asia Pacific dominated the market with a revenue share of 33.9% in 2023 and is predicted to remain on top over the forecast period. This is attributed to the rising demand for the product in the pharmaceutical industry. Acetic acid is widely consumed in the development of medicinal drugs such as aspirins to cure headaches. Increasing number of patients in the region is driving demand for medicines, which is directly impacting the product demand in the industry

North America is the second largest region and captured 21.2% of the market in 2023. This is attributed to the increased demand for the product in the food & beverage industry in the region. Acetic acid is a less toxic and low-cost chemical that is widely used in the food industry. The market is anticipated to see significant growth owing to its increased demand in the food industry over the predicted years

In September 2023, INEOS announced the acquisition of Eastman Chemical Company's Eastman Texas city site which also includes an acetic acid plant of 600 kilotons

In January 2023, Kingboard Holdings Limited announced that its subsidiary, Hebei Kingboard Energy Development Co., Ltd., plans to submit the "Environmental Impact Report of Hebei Kingboard Energy Development Co., Ltd. Acetic Acid Expansion and Transformation Project" for approval

For More Details or Sample Copy please visit link @: Acetic Acid Market Report

The demand for vinyl acetate monomers is rising in industries such as paints and coatings, paper coatings, and printed products. The market has considered an essential raw material for the production of vinyl acetate monomer, directly increasing the demand for the product. Acetic acid is widely used in the food and beverage industry in North America, where the increasing consumption of food directly influences the demand for the product. The region's demand for acetic acid is driven by its various applications in the food and beverage sector.

In the global product industry, competition is fierce due to the presence of multinational corporations. Eastman Chemical Company, SABIC, HELM AG, and Indian Oil corporations are among the prominent players in this industry. These companies are committed to continuous research and development efforts in order to improve their operational efficiency. Additionally, they actively pursue joint ventures and expand their production capacities to gain a competitive advantage.

List of major companies in the Acetic Acid Market

Eastman Chemical Company

Celanese Corporation

LynodellBasell Industries Holding B.V.

SABIC

HELM AG

Indian Oil Corporation Ltd

Gujrat Narmada Valley Fertilizers & Chemicals Limited

DAICEL CORPORATION

Dow

INEOS

Gain deeper insights on the market and receive your free copy with TOC now @: Acetic Acid Market Analysis Report

We have segmented the global acetic acid market based on application and region.

[adityarana1687-blog]

India Car And Bike Care Products Market To Reach $435.9 Million By 2030

The India car and bike care products market size is anticipated to reach USD 435.9 million by 2030 and is anticipated to expand at a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. The market growth in India is directly proportional to the growth of the Indian automotive industry. Increasing penetration of electric cars and the development of autonomous cars are expected to drive the growth of the automotive industry, thereby boosting the demand for premium car & bike care products. In addition, rising demand for car-sharing services in urban cities is expected to drive automotive sales, thereby boosting the demand for car & bike care products to maintain the vehicle appearance.

India is witnessing significant growth in automotive production and sales. High investments in the country’s manufacturing sector and favorable government policies for the industrial sector are expected to positively impact automotive production in the country, which is anticipated to propel the demand for car and bike care products over the forecast period.

The use of bike & car care products for the maintenance and repair of vehicles is gaining popularity on account of growing awareness regarding their advantages among end users. With increasing disposable income and spending power, several younger population groups are inclined to buy cars & bikes to maintain their lifestyle and status. This is expected to positively impact the demand for premium car care products over the forecast period.

The closing down of wholesale and retail shops turned users to online platforms, which offered a wider product. In India, this trend was significantly accelerated by the pandemic, as users stayed at home and had time and resources to invest in car & bike care. The change in consumer behavior during the pandemic has led to an increased demand for DIY products and the usage of e-commerce to purchase these products. For personal users focusing on DIY, e-commerce platforms became an easier alternative to understand the alternatives and make informed purchases depending upon their needs.

Recent years have seen an increase in interest and importance of aesthetics in automobiles, especially private vehicles. Moreover, the COVID-19 pandemic gave a boost to this interest as users stayed at home and had time and resources to make their vehicles aesthetically pleasing. The change in consumer behavior during the pandemic has led to an increased demand for DIY products and the usage of e-commerce for purchasing products. In addition, on account of the continuous growth of the automotive industry, the need for the repair and maintenance of vehicles is expected to rise. This, in turn, is expected to propel the demand for car & bike cleaning products over the forecast period.

Request a free sample copy or view report summary: India Car And Bike Care Products Market Report

India Car And Bike Care Products Market Report Highlights

Based on products, the car cleaning products segment dominated the market in 2023, accounting for a revenue share of 28.4%. Shampoo and detergent are frequently used to clean the metal surfaces of cars. These products safely remove dirt, grease, oil stains, and other contaminants from the vehicle. These products are cost-effective and commonly used, and therefore, are leading the market.

Based on packaging volume, the 501 - 999 ml segment contributed the largest market share in terms of revenue, accounting for 39.2% of the market in 2023, owing to its suitability for individuals and commercial use. This segment is driven by the rising demand for medium-sized car care products by individuals, small workshops, and independent repair shops.

Based on end use, the do-it-for-me (DIFM) segment dominated the market in 2023, accounting for a revenue share of 69.7%. This segment is anticipated to grow at a slower pace compared to the DIY segment owing to high service costs and limited product availability at professional service stores.

Based on product type, the bike cleaning products segment accounted for the largest revenue share of 61.1% in 2023 and is expected to grow at the fastest CAGR over the coming years. This is owing to their wide use for removing contaminants and residues from the exterior surface of bikes.

The DIYM segment dominated the bike care products market in 2023 owing to the convenience and expertise offered by the DIYM specialists. These service providers handle routine maintenance tasks, such as chain cleaning & lubrication, bike washing, and polishing, using high-quality products.

India Car And Bike Care Products Market Segmentation

Grand View Research has segmented the India car & bike care products market based on products, end use, distribution channel, and packaging volume:

India Car Care Products Outlook (Revenue, USD Million, 2018 - 2030)

Car Cleaning Products

Car Polish

Car Wax

Wheel & Tire Cleaners

Glass Cleaners

Interior Cleaners

Accessories

Others

India Car Care Products Packaging Volume Outlook (Revenue, USD Million, 2018 - 2030)

Less than 250 ml

251 - 500 ml

501 - 999 ml

1 L - 5 L

Above 5 L

India Car Care Products End-use Outlook (Revenue, USD Million, 2018 - 2030)

Do-It-Yourself (DIY)

Do-It-For-Me (DIFM)

India Car Care Products Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

E-commerce

Retail Chains

Car Detailing Stores

India Bike Care Products Outlook (Revenue, USD Million, 2018 - 2030)

Bike Cleaning Products

Bike Polish

Bike Chain Cleaners & Lubricants

India Bike Care Products End Use Outlook (Revenue, USD Million, 2018 - 2030)

Do-It-Yourself (DIY)

Do-It-For-Me (DIFM)

List of Key Players in the India Car And Bike Care Products Market

3M

Motul

Pidilite Industries Ltd.

Formula 1 Wax (West Drive)

Turtle Wax, Inc.

Vista Auto Care (Resil Chemicals)

Würth India

The Waxpol Industries Limited

Shell Plc

Miracle

Auto Bros

SONAX Gmbh

Chemical Guys

Sheeba India Pvt. Ltd.

PROKLEAR

GreenZ Car Care

Niks

Abro

WaveX (Jangra Chemicals Private Limited)

[trendingrepots]

Syngas & Derivatives Market - Forecast(2024 - 2030)

Overview

Syngas and its Derivatives Market size is forecast to reach US$70.56 billion by 2030, after growing at a CAGR of 6.9% during 2024-2030. Syngas is a gaseous mix consisting primarily of hydrogen and carbon monoxide, which is generated from coal gasification, fluidized bed gasifier, steam reforming, and others. It can be used to fabricated chemicals such as ammonia, butanol, methanol, acetic acid, and dimethyl ether. The competence of syngas to be formed from a widespread variety of feedstock such as coal, synthetic natural gas, biomass and petroleum coke is impacting the market growth constructively. Uprising environmental concerns have been the foremost drivers for the growth of the Syngas and its Derivatives Market in order to afford alternative methods of fuel production. There's a growing trend towards producing syngas from renewable sources such as biomass, municipal solid waste, and agricultural residues. This shift is driven by concerns over climate change and the desire to reduce greenhouse gas emissions. Biomass gasification, for instance, is gaining traction as it offers a carbon-neutral alternative to traditional fossil fuel-based syngas production methods. Advances in gasification technologies are driving efficiency improvements and cost reductions in syngas production. These advancements include developments in reactor design, catalysts, and process optimization techniques. Integrated gasification combined cycle (IGCC) plants, for example, are becoming more efficient in converting coal or biomass into syngas, which can then be used to generate electricity with lower emissions compared to conventional coal-fired power plants.

 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

The report: “Syngas and its Derivatives Market”- Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Syngas and its Derivatives Market Industry.

By Feedstock: Coal, Biomass, Natural Gas, Petroleum coke, Industrial Waste and Others

By Technology: Steam reforming (SR), Partial oxidation (POx), Autothermal reforming (ATR), Combined or Two-Step Reforming, Biomass Gasification and Others

By Gasification: Fixed Bed Gasifier, Fluidized Gasifiers, Entrained Flow Gasifiers, and Others

By Application: Fuel, Power Generation, Generators, Refineries, Fertilizers and Pesticides, Textiles, and Others

By End-Use Industry: Oil and Gas, Automotive, Electrical and Electronics, Marine, Aerospace, Chemical, Energy, Agriculture, and Others

By Geography: North America (USA, Canada and Mexico), Europe (UK, France, Germany, Italy, Spain, Russia, Netherlands, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), and Rest of the world (Middle East and Africa).

Key Takeaways

• Asia Pacific dominates the Syngas and its Derivatives Market owing to rapid increase in Chemical and Oil and Gas sector. For instance, an investment of US$107.4 billion is estimated in the Indian chemicals and petrochemicals sector by 2025

• The market drivers and restraints have been assessed to understand their impact over the forecast period.

• The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

• The other key areas of focus include the various applications and end use industry in Syngas and its Derivatives Market and their specific segmented revenue.

• The fuel application is expected to augment the Syngas and its Derivatives Market’s growth over the forecast period due to increase in the consumption of liquid and gaseous fuels in various end-use industry.

[graphaizesmm]

Manmohan vs Modi: A Decade of Economic Impact

The economic policies of Dr. Manmohan Singh and Narendra Modi have significantly shaped India’s financial landscape over the past two decades. This analysis provides a detailed comparison of their tenures, focusing on key economic indicators. Using infographics and data visuals, we contrast the performance of the UPA (United Progressive Alliance) under Manmohan Singh and the NDA (National Democratic Alliance) under Narendra Modi. The comparison covers GDP growth, retail inflation, tax-to-GDP ratio, stock market returns, trade deficit, government debt, and education expenditure.

The Big Thing. GDP Growth During Dr. Manmohan Singh’s tenure from 2004 to 2014, the Indian economy experienced an average GDP growth rate of approximately 7.7% year-on-year (YOY). This period saw robust economic expansion, driven by liberalization policies, increased foreign investments, and a booming services sector.

Under Narendra Modi’s leadership from 2014 onwards, the average GDP growth rate has been around 6.8% YOY. While the economy initially experienced strong growth, factors like demonetization, the implementation of GST, and the COVID-19 pandemic have affected overall performance.

Manmohan Singh’s tenure saw higher average GDP growth compared to Modi’s period. However, Modi’s government has focused on structural reforms intended to create a more resilient economy in the long term.

Controlling Retail Inflation Retail inflation, measured by the Consumer Price Index (CPI), averaged around 7.5% annually during the UPA years. High food and fuel prices were significant contributors to inflationary pressures during this period.

Under Modi, retail inflation has averaged around 4.8% annually. The government’s focus on inflation targeting through the Reserve Bank of India and measures to improve food supply chains has helped keep inflation in check.

Modi’s administration has been more successful in controlling retail inflation compared to the UPA period, resulting in lower average annual inflation rates.

Collecting Taxes Effectively: Tax to GDP Ratio The tax-to-GDP ratio is a crucial metric for several reasons. It indicates the government’s capacity to generate revenue from the economy. Higher ratios suggest that the government can raise more funds to finance public services and infrastructure.

During the UPA tenure, the tax-to-GDP ratio averaged around 10.4%. Efforts were made to widen the tax base, but challenges in enforcement and compliance persisted.

Under Modi, the average tax-to-GDP ratio has improved to approximately 11.5%. The introduction of the Goods and Services Tax (GST) aimed to simplify the tax structure and enhance compliance, contributing to higher tax revenues.

The NDA has seen a higher average tax-to-GDP ratio, reflecting better tax compliance and a broader tax base due to GST implementation.

Bull Run. Returns from Stock Market Returns The UPA era witnessed an average annual stock market return of around 15%. The period was marked by significant market rallies driven by economic growth and foreign investment inflows.

During Modi’s tenure, the stock market has delivered an average annual return of approximately 11%. Despite market volatility and economic disruptions, long-term reforms have supported market confidence.

While both tenures saw positive stock market returns, the UPA period experienced higher average annual returns compared to the NDA period.

Deficits and Debt. Economic The UPA years saw an average annual trade deficit of around USD 100 billion. High import bills, especially for oil and gold, contributed significantly to the trade deficit.

Under Modi, the average annual trade deficit has been about USD 70 billion. Initiatives like Make in India and measures to curb non-essential imports have helped reduce the trade deficit.

The NDA has managed to lower the average annual trade deficit compared to the UPA period, reflecting better management of import bills and a push towards domestic manufacturing.

During the UPA tenure, government debt averaged around 68% of GDP. Increased public spending and fiscal stimulus measures contributed to higher debt levels.

Under Modi, government debt has averaged around 70% of GDP. While the government has focused on fiscal consolidation, spending on infrastructure and social programs has kept debt levels high.

Government debt as a percentage of GDP has remained relatively stable between the two periods, with a slight increase under the NDA due to higher spending on developmental programs.

Education Expenditure (% of GDP Avg) Top education spenders in Asia, measured by GDP percentage, include South Korea (4-5%), Japan, Singapore (3-4%), Malaysia (4-5%), Thailand (around 4%), and Hong Kong (3-4%). These countries prioritize education, investing heavily in quality, technology, and skills development.

Education expenditure averaged around 3.8% of GDP during the UPA years. Significant investments were made in expanding access to education and improving infrastructure.

Under Modi, education expenditure has averaged around 3.5% of GDP. The focus has been on improving the quality of education, skill development, and digital learning initiatives.

Both administrations have allocated similar proportions of GDP to education, with the UPA slightly ahead in terms of average expenditure. However, the NDA has emphasized quality and skill development more prominently.

Comparing the economic impacts of Manmohan Singh and Narendra Modi’s tenures reveals distinct approaches and outcomes. The UPA period saw higher GDP growth and stock market returns, but also higher inflation and trade deficits. The NDA has managed better inflation control, an improved tax-to-GDP ratio, and a reduced trade deficit, reflecting a focus on structural reforms and fiscal discipline. Using infographics and data visuals, this comparison provides a clear understanding of each administration’s economic performance, helping readers grasp the broader impacts of their policies on India’s economy.

[kshitijtrading147]

Comparing PSU Stocks: Which Ones Offer the Best Returns?

Are you looking for which PSU stock is best to buy? then look no further then this blog, here i am Comparing PSU Stocks: Which Ones Offer the Best Returns for you!

Investing in Public Sector Undertaking (PSU) stocks has always been a popular choice for Indian investors, especially those looking for stable and reliable returns. Comparing PSU stocks is crucial for making informed investment decisions, as not all PSU stocks perform equally. This article delves into the best-performing PSU stocks, offering a comparative analysis to help you make the best investment choices before Budget 2024.

Why Invest in PSU Stocks?

PSU stocks are shares of government-owned companies. These companies operate in key sectors such as banking, oil and gas, power, and infrastructure. They are considered relatively safer bets due to government backing, making them attractive for risk-averse investors. Moreover, PSUs often provide attractive dividends, adding an extra layer of income for shareholders.

Key Factors to Consider When Comparing PSU Stocks

Financial Performance: Look at the revenue growth, profit margins, and return on equity (ROE) to gauge the company's financial health.

Dividend Yield: PSUs are known for their high dividend payouts. Compare the dividend yields to determine which stocks offer the best passive income.

Government Policies: Policies and reforms can significantly impact PSU performance. Stay updated on policy changes to understand their potential effects on stock prices.

Market Position: Consider the company’s market share and competitive position within its industry.

Top Performing PSU Stocks

Based on recent performance and market analysis, here are some of the top PSU stocks that investors should consider:

State Bank of India (SBI)SBI, the largest bank in India, is a cornerstone of the Indian financial system. With a robust balance sheet and extensive reach, it remains a strong performer in the banking sector. In FY 2023, SBI reported a net profit of INR 40,000 crore, a 55% increase from the previous year.Comparing PSU stocks in the banking sector, SBI stands out due to its vast network and consistent financial performance.

Oil and Natural Gas Corporation (ONGC)ONGC is a major player in the oil and gas sector. With the rising global oil prices, ONGC's revenue and profit margins have seen significant growth. In FY 2023, ONGC posted a net profit of INR 45,000 crore, up by 34% from the previous fiscal year.When comparing PSU stocks in the energy sector, ONGC's strong financials and strategic importance make it a top pick.

Power Grid Corporation of India As a leader in the power transmission sector, Power Grid Corporation plays a critical role in India’s energy infrastructure. The company’s steady revenue growth and high dividend yield (around 5%) make it an attractive option for investors.Comparing PSU stocks in the power sector, Power Grid's stability and dividend payouts are significant factors to consider.

Coal India Limited Coal India is the largest coal-producing company globally. Despite facing environmental and regulatory challenges, it continues to be a vital part of India’s energy supply chain. The company reported a net profit of INR 16,700 crore in FY 2023, supported by strong domestic demand.Comparing PSU stocks, Coal India's dominance in the coal sector makes it a reliable investment.

Bharat Petroleum Corporation Limited (BPCL) BPCL, a major oil refining and marketing company, has shown resilient performance despite market volatility. The company’s refining margins and strategic initiatives in expanding its retail network have bolstered its profitability.In comparing PSU stocks within the oil and gas sector, BPCL's growth prospects and dividend yield make it a solid contender.

Conclusion

Comparing PSU stocks is essential for identifying the best investment opportunities. The stocks mentioned above have shown strong financial performance, high dividend yields, and strategic importance within their respective sectors. As Budget 2024 approaches, keeping an eye on these top-performing PSUs can help you make informed investment decisions, ensuring stable and reliable returns.

Investing in PSU stocks can provide a balanced mix of growth and income, making them a valuable addition to any investment portfolio. Stay updated with market trends, government policies, and company performance to maximize your investment returns.

This Article was written by Kshitij go check out his website

Happy Trading!

[jeneesa-michael890]

Weekly Market Outlook

It turned out to be a fabulous week of trade for Indian equity benchmarks with frontline gauges garnering weekly gains of over two percentage points and settling above their record 79,000 (Sensex) and 24,000 (Nifty) levels.

During the week, traders were seen taking bullish bets in fundamentally strong stocks in hopes of continuity in reforms and focus on the 100-day agenda of the NDA government. Sentiments are also buoyed by the expected revival in the technology space and consolidation in the cement industry.

Markets started the week slightly in the green as traders found some support after the GST Council at its 53rd meeting introduced sweeping reforms with an aim to simplify tax compliance and ease the burden on taxpayers.

Some support also came after S&P Global Market Intelligence said that the new government will likely focus on job creation and addressing farmers’ concerns in its first 100 days.

Markets extended their northward journey and looked resilient during most part of the week taking support from RBI’s statement that India recorded a current account surplus of $5.7 billion or 0.6 per cent of GDP in the March quarter. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP.

Sentiments also remained upbeat with CRISIL Ratings’ report stating that capital goods makers are likely to see revenue rise 9-11% in fiscal 2025, led by continued significant outlays towards railways (including metros), defence, conventional and renewable sectors.

This compares with an expected around 13% growth in fiscal 2024. Optimism continued on Dalal Street taking support from RBI’s data showing that India’s financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets.

Key gauges continued to hit record levels one after other as traders took support with the National Council of Applied Economic Research (NCAER) stating that India’s economy is set to achieve significant growth, with projections nearing 7.5% for the current fiscal year (FY25).

Some solace also came with CRISIL’s report stating that India’s current account surplus in the fourth quarter of the 2023-24 fiscal was aided by the narrowing of the merchandise trade deficit, an increase in remittances and a surplus in services trade. The country’s current account recorded a surplus of $5.7 billion, which is 0.6 per cent of the GDP, in the fourth quarter of the last financial year.

However, domestic markets ended the week off record highs as traders booked minor gains on the final day of the week as participants turned wary of the high valuations. Traders also took note of a report that Securities & Exchange Board of India (SEBI) at its board meeting approved new criteria for a single stock F&O entry and exit, voluntary delisting norms and flexibility on the same, norms on finfluencers, measures to ease of doing business for REITs and InvITs and many other decisions.

Despite profit booking in the last session, Sensex and Nifty managed to settle above their psychological levels of 79,000 and 24,000, respectively. 

BSE movement for the week

The Bombay Stock Exchange (BSE) Sensex jumped 1822.83 points or 2.36% to 79,032.73 during the week ended June 28, 2024.

The BSE Midcap index gained 191.28 points or 0.42% to 46,158.35 and the Small-cap index surged 193.88 points or 0.37% to 52,130.41.

On the sectoral front, S&P BSE TECK was up by 404.35 points or 2.41% to 17,164.41, S&P BSE Information Technology was up by 778.65 points or 2.15% to 36,951.36, S&P BSE Oil & Gas was up by 610.10 points or 2.11% to 29,473.40, S&P BSE Power was up by 138.80 points or 1.78% to 7,954.50 and S&P BSE BANKEX was up by 944.30 points or 1.61% to 59,640.90 were the top gainers.

S&P BSE Realty was down by 208.67 points or 2.36% to 8,634.76 and S&P BSE Metal was down by 685.83 points or 2.03% to 33,050.57 were the few losers on the BSE.

NSE movement for the week

The Nifty surged 509.50 points or 2.17% to 24,010.60.

On the National Stock Exchange (NSE), Nifty IT was up by 957.20 points or 2.72% to 36,157.50, Bank Nifty was up by 680.80 points or 1.32% to 52,342.25, Nifty Next 50 gained 411.65 points or 0.58% to 71,523.45 and Nifty Mid Cap 100 gained 307.75 points or 0.56% to 55,736.90.

FII transactions during the week

Foreign Institutional Investors (FIIs) were net buyers in the equity segment in the week, with gross purchases of Rs 132,345.34 crore and gross sales of Rs 117,951.08 crore, leading to a net inflow of Rs 14,394.26 crore.

They also stood as net buyers in the debt segment with gross purchases of Rs 12,056.35 crore against gross sales of Rs 7,676.37 crore, resulting in a net inflow of Rs 4,379.98 crore.

In the hybrid segment, FIIs stood as net sellers, with gross purchases of Rs 170.79 crore and gross sales of Rs 246.02 crore, leading to a net outflow of Rs 75.23 crore.

Outlook for the coming week

The passing week turned enthusiastic one for Indian equity markets, by hitting fresh record high levels garnering gains of over two percent this week.  

The coming week marks the start of a new month and auto stocks will be buzzing on reporting monthly sales figures. Market participants will be watching out for the HSBC Manufacturing PMI Final scheduled to be released on July 01.

The HSBC India Manufacturing PMI increased to 58.5 in June 2024 from May’s three-month low of 57.5, preliminary estimates showed.

HSBC Composite PMI Final, HSBC Services PMI Final scheduled to be released on July 03. Foreign Exchange Reserves data going to be out on July 05. 

The first session of 18th Lok Sabha and 264th Session of Rajya Sabha will be concluding on July 3. The first session of 18th Lok Sabha commenced on June 24. While 264th Session of Rajya Sabha had started on June 27. 

On the global front, investors would be eyeing few economic data from world’s largest economy, starting with Fed Williams Speech on June 30, followed by S&P Global Manufacturing PMI Final, ISM Manufacturing PMI, ISM Manufacturing Employment, ISM Manufacturing New Orders, ISM Manufacturing Prices on July 01.

Redbook, Fed Chair Powell Speech, JOLTs Job Openings on July 02, Balance of Trade, Initial Jobless Claims, S&P Global Composite PMI Final, S&P Global Services PMI Final, ISM Services PMI, FOMC Minutes on July 03, Non – Farm Payrolls, Unemployment Rate, Government Payrolls, Manufacturing Payrolls, Baker Hughes Oil Rig Count on July 05.

[seoplassy]

Why Indian Peanuts are a Global Favorite: Insights from Leading Exporters

Indian peanuts have gained immense popularity worldwide, known for their unique flavor, size, and high oil content. The peanut industry in India, led by companies like Eur Sun India, plays a crucial role in meeting global demand with quality produce.

Quality of Indian Peanuts

Indian peanuts stand out for their superior quality, attributed to stringent quality control measures and advanced farming techniques. Peanut Manufacturers in India ensure that their products meet international standards, making them a preferred choice globally.

Leading Peanut Exporters from India

Eur Sun India, a Peanut Exporter from India, exemplifies excellence in the peanut export industry. They adhere to strict export processes and standards, achieving significant milestones and building a reputation for reliability and quality.

Manufacturing Excellence

Peanut Manufacturers in India utilize advanced technologies and methods to produce high-quality peanuts. The focus on hygiene and quality during the manufacturing process ensures that Indian peanuts retain their unique characteristics, making them a global favorite.

Supplier Network

The role of Peanut Suppliers from India is vital in ensuring consistent quality and supply to meet global demand. Suppliers maintain strong relationships with manufacturers and exporters, facilitating seamless distribution of Indian peanuts worldwide.

Wholesale Market Dynamics

The Peanuts Wholesalers in India play a crucial role in the domestic market, ensuring that quality peanuts are available for both local and international markets. Key players in the wholesale market contribute significantly to the global distribution of Indian peanuts.

Trade and Distribution Channels

Peanuts Traders from India are essential in the peanut market, utilizing key distribution channels to reach international buyers. Efficient logistics and supply chain management practices ensure that Indian peanuts are delivered fresh and on time across the globe.

Global Demand for Indian Peanuts

The global demand for Indian peanuts is driven by their health benefits, culinary uses, and unmatched quality. Key export destinations include the USA, Europe, and Southeast Asia, where Indian peanuts are highly sought after.

Economic Impact

The peanut industry significantly contributes to the Indian economy, creating employment opportunities and generating substantial revenue from exports. Companies like Eur Sun India play a pivotal role in this economic contribution.

Conclusion

Indian peanuts are a global favorite due to their superior quality and the efforts of leading exporters like Eur Sun India. The collective efforts of Peanut Exporters from India, Peanut Manufacturers in India, Peanut Suppliers from India, Peanuts Wholesalers in India, and Peanuts Traders from India ensure that Indian peanuts continue to dominate the global market.

[marketsndata]

Global matting agents market size was valued at USD 504.33 million in 2022, which is expected to grow to USD 717.21 million in 2030, with a CAGR of 4.5% during the forecast period between 2023 and 2030. The growth of paints and coatings industry is boosting the demand for matting agents. For instance, according to the recent data published by the Indian Paint Association (IPA), 2022, the Indian paints and coatings market was valued at USD 7,894.5 million. Asia-Pacific has a prominent share in the matting agents market. For instance, according to the recent statistics published by the Nippon Paint Group, the China architectural coating industry was 7.14 million tons by volume in 2021, representing a growth rate of more than 13% compared to 2020.

The revenue expansion of the paints and coatings sector is attributed to prime determinants, including an increase in the renovation rate, a rise in residential construction activities, and the recent expansion of paints and coatings manufacturing facilities. The surge in demand for leather in the footwear sector, changing fashion trends, increasing domestic and foreign tourism, and the rising disposable income of people contributed to the growth of the leather industry at the global level. Henceforth, the rise in the employment of matting agents in paints and coatings manufacturing and the booming leather industry are several pivotal factors augmenting the growth of the matting agents market.

In addition, the ongoing product innovations related to the matting agents to ensure superior clear coating application will create a favorable outlook for the matting agent’s industry size growth during the projected forecast period. For instance, in November 2021, Evonik Industries AG, a prominent manufacturer of matting agents, launched 3 new ranges of matting agents for application in coatings. The products ACEMATT OK 390, ACEMATT HK 390, and ACEMATT HK 520 are the new range of silica-based matting agents. However, stringent regulations on solvent-based matting agents pose a major market growth bottleneck.

Sample report- https://www.marketsandata.com/industry-reports/matting-agents-market/sample-request

Increasing Deployment of Matting Agents in Paints and Coatings

Matting agents such as silica-based and wax-based are utilized in the paints and coatings industry to modify the surface properties of products by floating to the top of the surface. The increasing demand for architectural paints and coatings, the surging spending power of people, and the rising construction activities due to global sports events are the key variables fostering the growth of the paints and coatings industry.

For instance, according to the recent statistics published by the World Paint and Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%. Furthermore, the North American paints and coatings sector was the third largest market in global ranking, valued at USD 33.92 billion in 2022. Therefore, as evident from the above-mentioned data, the booming paints and coatings industry is fueling the production activities for various ranges of paints and coatings formulation. The rise in the production of paints and coatings products is spurring the demand for matting agents to ensure the provision of additional mechanical properties, thereby driving the market growth.

The Booming Leather Industry is Fostering Market Growth

The important properties associated with matting agents, include oil absorption (DBP g/100g) at 210～260, pH value (5% in water) of 6～8, porosity (ml/g) of ≥1.8, loss on ignition (1000℃, 2Hrs) of <12%, and loss on drying (105℃, 2Hrs) at <5%. Thus, matting agents ensure superior benefits such as higher extinction efficiency, easy addition, and dispersion. As a result, the matting agents are an ideal solution for leather products. The recent production expansion for leather manufacturing propels the demand for matting agents. 

For instance, in March 2022, Hermès, a Paris-based manufacturer of leather products, announced the launch of two new manufacturing facilities for leather in France by the end of 2026. As of November 2023, Hermès has 19 manufacturing factories for leather products in France. Hence, the development of new manufacturing facilities for leather will boost the adoption of matting agents to ensure a superior matt finish, which, in turn, is accelerating the market growth.

Surging Demand for Silica-based Matting Agents

Silica-based matting agents provide exceptional performance when deployed in wood coatings, architectural coatings, and coil and general industrial coatings. The silica-based matting agents are exceptionally pure as they are synthetically engineered. Thus, silica-based matting agents are utilized to produce paints and coatings, inks, and leathers. The future anticipated growth of the paints and coatings industry will drive production activities to increase the product offering in the global market.

For instance, according to Akzo Nobel India, the paints and coatings market in India will reach USD 12.1 billion by 2027. Therefore, the future anticipated growth of paints and coatings industry, which will create a potential for silica-based matting agents demand growth, thereby augmenting traction for the matting agents market.

Significant Share of Asia-Pacific in the Market

The industrial sector growth in Asia-Pacific is attributed to industries, including paints and coatings, leather, and inks. The advent of COVID-19 pandemic, increase in house renovation rate in China and India, and rising consumer spending on new construction projects are the prime variables propelling industrial growth in Asia-Pacific.

For instance, according to the latest data published by the World Paint and Coatings Industry Association (WPCIA), Asia-Pacific paints and coatings industry was dominant and valued at USD 63 billion in 2022, in which, East Asia is the most prominent market for paints and coatings. In 2022, China was the leading region market, with a CAGR of 5.8%, and registered year-on-year growth rate of 5.7% in 2022 at USD 45 billion. As a result, the bolstering paints and coatings industry in Asia-Pacific is supplementing the demand for matting agents, which will boost the revenue expansion of the market in the region.              

Impact of COVID-19

The outbreak of COVID-19 pandemic in various countries induced the government to impose stringent measures such as the production of essential products, lockdown protocols, restriction of labor movement, and others. These measures restricted the growth of the global matting agents market at the start of 2020.

For instance, according to the data published by Japan Paint Manufacturers Association (JPMA), in 2019, the production of paints and coatings was around 1.64 thousand tons, and in 2020, it was 1.48 thousand tons, a decline of 10.6%. Hence, the decline in the production of paints and coatings restricted the matting agents market growth in 2020. Nevertheless, the demand for products related to paints and coatings, leather, and inks registered a robust growth at the global level at the end of the year 2020. As a result, the matting agents market was severely impacted by the COVID-19 pandemic in 2020.

Impact of Russia Ukraine War

The Russia-Ukraine war has disrupted the supply chain of matting agents in their respective countries. As a result, the export of matting agents from various countries to Russia and Ukraine has dipped significantly in 2022. Additionally, the international players dealing in the manufacturing of paints and coatings halted their operations in Russia and Ukraine. Therefore, the war between Russia and Ukraine has impacted the growth rate of the global matting agents market.

For instance, in March 2022, AKZO NOBEL N.V. halted the production of paints and coatings in 4 manufacturing facilities in Russia. Nonetheless, the countries adopted robust measures such as local sourcing of matting agents, thereby resulting in a minimal impact of the Russia-Ukraine war on the market growth.

Global Matting Agents Market: Report Scope

“Matting Agents Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global matting agents market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/matting-agents-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

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Business Growth Plan for Rajnish Wellness Limited

Incorporated in 2015, Rajnish Wellness Limited is a BSE-listed company committed to selling a wide range of Ayurvedic and ethical products that promote sexual wellness, personal care, and medical support for the masses. With strong brand recognition, the company has built an extensive network, ensuring its products are available in major medical stores across India and on various e-commerce platforms. Rajnish Wellness aims to enhance the well-being of individuals, empowering them to achieve their health goals.

In 2021, Rajnish Wellness launched its pharmacy franchise, Dava Discount, which has quickly grown to over 100 outlets nationwide. This initiative offers lucrative business opportunities and supplies pharmaceutical products through a well-structured franchise model. The core objective is to provide substantial benefits to associates while offering branded medicines at discounted prices.

A significant milestone for Rajnish Wellness has been securing a landmark contract with the Indian Railways to establish 270 wellness stores in West Bengal. This achievement underscores the company's commitment to making healthcare accessible to all.

Looking ahead, Rajnish Wellness has ambitious plans to open 33 medical and grocery stores that will operate on a larger scale than traditional supermarkets. This initiative requires a total investment of ₹50 Crore, with ₹1.5 Crore allocated for each store. The 270 Dava Discount stores will be categorized based on size, location, and expected footfalls, with a strategic approach to maximize customer reach.

Rajnish Wellness offers a diverse product portfolio, including Playwin capsules, oils, and condoms, contributing to various income streams. Direct sales to consumers are expected to generate annual revenue of ₹9.4 Crore, with a projected 20% sales increase. Additionally, the company reports significant sales to medical shops within the franchise, totaling ₹15.73 Crore from existing outlets. Franchise fees are anticipated to rise by 20% year on year, further enhancing revenue potential.

The financial projections for B2C sales reflect robust growth. Over the next five years, sales are expected to increase from ₹11.28 Crore in the first year to ₹23.39 Crore in the fifth year, resulting in total estimated profits of ₹13.5 Crore. The franchise model also shows promise, with expected income from fees reaching ₹14.5 Crore over the same period.

For its own stores, the projected financials indicate strong profitability. Each store is expected to generate significant revenue and gross profit, culminating in total estimated profits of ₹5.62 Crore. The company's financial outlook demonstrates a commitment to sustainable growth and profitability.

Rajnish Wellness Limited stands on a solid growth trajectory with its ambitious plans to expand its network and product offerings. Through initiatives like Dava Discount, the company is poised to meet the evolving needs of its customer base while ensuring profitable returns on investment. The future looks bright as Rajnish Wellness continues to innovate and extend its reach in the pharmaceutical and wellness sectors.