I believe new technologies in well positioned small


The industry has traditionally remained largely unorganised given the low technical know how and skill set required in the sector. However, the pattern has gradually changed in the last few years as the organised players have grown at a much faster rate (12 15%) compared to industry growth rate of 5 7%, taking away the market share from unorganised entities. New construction activities (85 90%) drives most of the demand in the sector while the balance comes from renovation and replacement..

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