present status !

Federation of Indian Granite & Stone Industry


➽    Total Granite resource in India is 46.23 billion cu m.

➽    Accounts for 15% of world’s granite production

➽    Export of granite and natural stones from India has been on the increase with every passing year.

➽    The Industry grew at a healthy rate of 14.5% during upto 2014-15.

➽    Major production is from Andhra Pradesh, Telangana, Rajasthan, Karnataka, Tamil Nadu and Gujarat.

➽    In the FY 2013-14, the market size of India’s granite reached approximately USD 2.62 billion.

➽    Around 50 percent of granite produced is exported.

➽    India’s granite and natural stone products has almost 80% of its markets in United States and European Union. This is despite heavy competition in the price of finished products like monuments, slabs, tiles etc., and also in the export of dimensional blocks.

➽    China, USA, Germany, Turkey and UK are major importing countries.

➽    Indian granite and stone exporters had to face China, Brazil and Turkey, who are selling their stones at a lower price and India had to compete with them in the global market. This trend had reduced the profitability.

➽    With their exclusivity, some of the Indian stones have been in tremendous demand worldwide, and are becoming more popular.

➽    Natural stone products are the largest Forex earners in the mineral category. Iron ore being the second.

➽    Indian Stone Industry has been already talking about responsibility towards generating rural employment, promote sustainable environment, provide assistance in the field of medical education, science and social welfare.

➽    Indian Stone Industry has adopted latest technology in quarry sector and is continuously upgrading its technology.

➽    Federation of Indian Granite & Stone Industry is making efforts to understand and adopt the demand pattern and the movement of the market.

➽    Indian Stone Industry is keen to make Indian Stone a Brand in international market and for which they have been trying through foreign promotional trips, various stone festivals, meets, etc.
➽    Stone Industry could become one of the big brands . It has the potential. All it needs is the government support to become the global brand.

OUTLOOK FOR GRANITE & MARBLE INDUSTRY :
➽    Backed by increased demand from USA & newer markets export market may grow at a CAGR of 10% during 2014-19.
➽    Dimensional Stone Industry employs a huge number of skilled and unskilled workers but the sector may potentially provide 6.42 million direct job opportunity.

FOCUS AREAS CRITICAL TO SECTOR’S GROWTH :
➽    Designating dimensional stones as “Ornamental Mineral”. Bringing Ornamental Stones under Centre’s jurisdiction

➽    Declaring ornamental stones industry as a “Thrust Sector” and notifying “Mineral Zone” for such ornamental minerals.

➽    Having a single window approval system from Ministry of Mines Government of India.

➽    Time bound disposal of lease applications and regulatory approvals

➽    Allowing import of granite blocks under OGL Scheme.

➽    Establishing timeline for lease grant process

➽    Single window approval system

➽    Empowering “Ornamental Mineral” committee to become a regulatory body and giving authority to monitor state policies.

➽    Enactment of GCDR and MDCR and setting maximum lease area to be 50 Ha, depending on the mineral occurrences.

➽    Benchmarking of the lease grant period and set pan-India limit at least for 30 years.

➽    Timely communication of regulator and government

➽    Tax structure rationalization. Non-uniform tax structures across the states impacting industry competitiveness in the global market


stones gallery !



Granite

Granite a common and widely occurring type of intrusive, felsic, VIEW

Marble

India is the fourth largest producer of marbles in the world. VIEW

Limestone

A significant portion of the global limestone industry. VIEW

Sandstone

Sandstone is a stone comprising granules of quartz. VIEW

Slate & Quartzite

Read further to know other varities and details of these stones. VIEW