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Showing posts with the label Furniture Industry's Growth

Things that Affect the Furniture Industry's Growth

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The furniture industry is fundamentally a constantly expanding sector that uses a wide range of raw materials, often in rather significant quantities. Wood, wood foundation panels, leather, glass, plastic, metals, and textiles are just a few of the materials that can be used. The furniture is produced in a variety of forms, sizes, styles, and colour schemes (such as sofas, chairs, closets, mattresses, kitchens, etc.) to suit a variety of functions including educational institutions, businesses, workplaces, and homes. In terms of design, fashion, and technology, Indian furniture is produced and exported at a high level of quality. The reputation of Indian furniture is well-known around the world. However, a sizable portion of furniture is also imported from several international nations. An annual revenue of Rs 3,500 crore is produced by the Indian furniture sector. The unorganised sector makes up 85% of the industry, while the formal sector, which consists of exporters and manufactur