Centre constitutes Granite Development Council to address issue of competition

The first meeting of Development Council for Granite Industry will take place on December 1

November 29, 2015 11:22 pm | Updated 11:22 pm IST - CHENNAI:

The Centre has formed a council, to be represented by officials from the Central and state governments, experts and exporters, to look into the various aspects of the granite industry.

To be headed by the Mines Secretary it will be called as the ‘Development Council for Granite Industry.’

The first meeting of the council will take place in New Delhi on December 1.

“The constitution of the council fulfils the long felt need of the industry. Based on our suggestions, various sub committees will be formed soon for the betterment of the industry,” said R. Veeramani, Chairman, granite and natural stone panel of Chemicals and Allied Export Promotion Council, Ministry of Commerce.

According to him, the council will also look into aspects such as competition from lesser known countries, issues relating to technology upgradation, sourcing of adequate material for existing factories and to improve volumes.

Declining exports

For the last six months, India reported a decline in its exports of natural stones, marbles and granite due to factors such as recession, currency depreciation, dumping of cheap materials by China, entry of new players and restrictive policies of the State government regarding prospecting and long-term mining leases.

“Falling granite exports and non-uniform policies adopted by various state governments are hurting us badly. These are some of the burning issues, which we would like to place it before the council for betterment of the industry.

The Centre and the state government should come out with a globalised approach to seize the increasing demand for these products in the global market. Else, we will be losing our position to China and lesser known countries,” he said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.