India Bullet Resistant Glass Market on Track to Reach INR 5.8 Billion by 2016
The growth of automotive sector in India, infrastructural development in the financial sector, national policies and regulations mandating installation of bullet-resistant glass at locations vulnerable to man-made disasters are major factors fueling demand for bullet-resistant glass in India. However, failure of locally manufactured bullet-resistant glass to meet international quality standards and low-cost imports from China are factors anticipated to adversely hamper the growth of the bullet-resistant glass market in the country over the forecast period.
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