25th February, 2003
Ministry of Chemicals & Fertilizers  


PAINT INDUSTRY SHOWS GROWTH


LOK SABHA

Under the liberalized economic regime the Paint Industry has been exempted from licensing requirements and the investment decision are taken by the entrepreneurs, based on their commercial perception, which in turn depends on several factors including the infrastructural facilities available in various States/Uts. The data relating to the Paints Industry’s performance as available in the publication of the Center for Monitoring Indian Economy (CMIE) for 21 sample Companies are indicative of growth.

 

2000-01

1999-00

1998-99

Total volume of paint production (MT)

718698

633222

569832

Value of production (Rs. in crore)

3225.2

2798.3

2468.2

As per the data provided by the Director General Foreign Trade, the import & export of the Paints Industry is as under:

IMPORT

(Value in Rs. Lakhs)

1999-2000

2000-01

2001-02

(April-Sept. 2002)

84537

87880

113783

67982

EXPORT INCLUDING RE-EXPORT

192391

236417

243649

148116

       

This information was given by Dr. Chhattra Pal Singh, Minister of State for Chemicals & fertilizers, in a written reply to a question in the Lok Sabha today.