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New Delhi, Nov. 26 Domestic glass companies will have to seek export opportunities in West Asian markets as it is the only region that is growing in the current financial crises, said Mr B. Santhanam, President, Flat Glass South Asia and Managing Director, Saint-Gobain Glass India.

Addressing a press conference here, he said, “Considering that there is excess capacity here, newer export markets will have to be created. And this can only be done in a consortium by companies and processors as there is a demand for processed glass in West Asia,” he said.

In response to the lower demand from the construction industry, he said there was a need for the industry to create business from value-added glass such as advanced high control solar glass products.

“While volumes are essential, such value-added products could bring in 50-60 per cent more value,” he added.

On behalf of the industry, he also reiterated the need for regulations towards sustainable buildings and energy code which would drive the demand for advanced glass products.

Citing the per capita glass consumption in countries such as China and Europe which was about 15-20 times more than India, Mr Santhanam said that the industry should identify opportunities to increase penetration locally.

More Stories on : Glass | Exports & Imports

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