Infrastructure Market Growth

India marble market is anticipated to witness significant growth in the coming years on account of growing utilization of marble for interior decoration of structures in hotels, temples, churches, among others. Nowadays, consumer preference for marble is witnessing an increase across the country. Marble is a rock formed by the metamorphism of calcite with other impurities such as quartz, graphite, mica, clay, among others. India is among the world’s top ten producers of marble with yellow marble being most prevalent in the country. Implementation of new liberalization policies in 2016 has reduced several norms and restrictions on setting up marble factory as well as on importing marble in the country, which is positively impacting the market. Marble market can be segregated based on type, form, color, source, application and region. In terms of application, market can be segmented into construction, architecture, industrial, among others. Construction segment dominated the marble marke...