Printer Friendly

High-end crystal and glassware industry in high demand in India.

Byline: ANI

Chandigarh, Sept.6 (ANI): Dynamic lifestyle and a growing brand-consciousness among people in India has boosted the demand for high-end glassware and crystals. The expanding hotel and tourism industry has also generated robust demand for glass and crystal products.

A symbol of refined taste, crystal ware ware See Groupware, Hardware, Shareware, Software.  is the preferred choice of any brand conscious Indian. Earlier, these products had a niche clientele,, but with rising incomes there is a growing demand from different sections of society.

It wouldn't be wrong to say that crystal glassware has caught the fancy of most Indians, be it wine glasses, bowls, decanters or decorative pieces.

"People have become more brand conscious. They want to see all those products, which they have seen abroad. So they want all those brands to come to India so that they can avail those accessories or decoration item from that brand... from that international brand," said Nitin Tyagi, Store Manager, FCML FCML Fayette County Memorial Library (Fayette, AL)  Home.

Giving crystal and glassware as gift is also gaining popularity.

Utility crystal gifts in avant-garde designs and figurines provide gift solutions for individuals and corporate buyers.

While engraved en·grave  
tr.v. en·graved, en·grav·ing, en·graves
1. To carve, cut, or etch into a material: engraved the champion's name on the trophy.

2.
 personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 gifts in crystal have gained popularity in the Indian market, crystal ware is also being increasingly used as a corporate gift.

Though household purchases account for the largest chunk of 225 million USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 crystal market, sales in corporate and hospitality sector are increasing by the day.

"Even today like the fruit bowls, they are not only to put the fruits...they are like basically used as decorative pieces. I have used it at my place. I have used it on the tables and everything. And all these pieces you can use as decoration also because in my kitchen I have used these glasses as decoration pieces. So, these things are no more like kitchen usable USable is a special idea contest to transfer US American ideas into practice in Germany. USable is initiated by the German Körber-Stiftung (foundation Körber). It is doted with 150,000 Euro and awarded every two years.  things but now they are now more into decorative things," said Mohina, a corporate buyer.

Eighty three per cent of crystal ware consumers belong to affluent sections that, on an average, spend between 200 to 220 dollars on crystal ware purchases.

Consumers in the 35 to 50 year age bracket In programming, brackets (the [ and ] characters) are used to enclose numbers and subscripts. For example, in the C statement int menustart [4] = ; the [4] indicates the number of elements in the array, and the contents are enclosed in curly braces.  are seen as crystal-collecting enthusiasts.

"Seeing the popularity of glass and crystal ware many foreign companies are eyeing the Indian market," said Heinz Tabertshofer, a designer with Swarovski.

Swarovski, the leading Austrian company that produces lead crystal glass products, has already made a mark in India and is one of the most preferred brands in the country.

The U.S-based premium glassware brand, Libbey has joined hands with Hamilton Housewares house·wares  
pl.n.
Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen.
 to expand its market in India.

And more domestic and foreign players are set to enter India's growing market for crystal and glassware products.

The global size of the glassware market is estimated to be six to seven billion dollars while in India it is 10-15 million dollars. And, its growth is likely to touch new heights with the surge in the hospitality sector in India. By Sunil Sharma (ANI)

Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency.  (ANI) - All Rights Reserved.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Asian News International
Date:Sep 6, 2009
Words:506
Previous Article:Uncle Sam serves up tax bill to Philippoussis.
Next Article:Obama's green jobs czar resigns over 9/11, Bush statements.
Topics:


Related Articles
Spring glassware: stylish and angular: glassware makers expand their lines with new shapes and sizes, giving operators plenty of choices this spring.
Raise your glass: operators looking to upgrade their glassware offerings need not sacrifice durability for high design anymore.
Glass blow as 280 jobs are axed at Waterford; ECONOMY.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters