Export Opportunities for Rubber Products in the Infrastructure Sector in India (March 2017)

180 pages. Infrastructure sector is a key driver for the Indian economy. The sector which includes power, bridges, dams, roads, inland waterways and urban infrastructure development, accounts for about 50-52% of the total value of the construction industry in the country. The Government of India in its Union Budget 2016-17, plans to spend about USD455 billion on infrastructure development from now till 2019. The study on export opportunities for rubber products in the infrastructure sector in India focuses on the transportation infrastructure segment covering roads, bridges, railways, seaports and airports. The segment has been identified as the key market segment for high value rubber products such as expansion joints, bridge bearings, rail pads, dock fenders, and rubber insulated wires and cables. From the study, demand for the products is expected to increase from USD273 million in 2016 to about USD443 million by 2022 (CAGR of 8.4%). This report aims to provide information on the market size of rubber products in the infrastructure sector in India. It also provides information on the supply channels of rubber products, procurement practices and market entry requirements for rubber products. With this report, MREPC continues to play its role as a provider of researched market information to the rubber product industry in Malaysia and in assisting Malaysian rubber products manufacturers to assess key markets for their range of rubber products. MREPC welcomes feedbacks from Malaysian exporters in making this and similar reports more useful and relevant in the future.