indian incense industry

Download Indian Incense Industry

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  • 1. INDIAN INCENSE INDUSTRY
    Group 7B
  • 2. AGARBATTI AS A PRODUCT
    75 % - cheap quality
    Religious and social functions
    Significant foreign exchange earner
    Unskilled women and children
  • 3. 1800 crore
    THE MARKET
    2009
    1994
    Unorganised sector and highly fragmented
  • 4. Rs 7.1 billion
    35%
    17%
    30%
    18 %
    Export Values
  • 5. TAX STRUCTURE
    • 25% to 80% raw material and 8 to 10% finished goods
    • 6. Tax at different level for different states
    • 7. De licensing SMEs
    • 8. Agarbatti being declared as a Handicraft product which provides incentive as per the duty draw back rates