{"id":34796,"date":"2023-01-10T16:30:09","date_gmt":"2023-01-10T11:00:09","guid":{"rendered":"https:\/\/plyinsight.com\/?p=34796"},"modified":"2023-02-07T11:28:58","modified_gmt":"2023-02-07T05:58:58","slug":"lalit-agarwal-regency-plywood","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/lalit-agarwal-regency-plywood\/","title":{"rendered":"Lalit Agarwal- Regency Plywood"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p style=\"text-align: center;\"><span style=\"color: #800000;\"><strong>There is no problem in the market; just the business pattern has changed<\/strong><\/span><\/p>\n<hr \/>\n<p style=\"text-align: left;\"><span style=\"color: #800000;\"><em><strong>Earlier northern India dominated plywood market, but now monopoly is breaking.<\/strong><\/em><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>How do you see the current market?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">There is no change in our turnover or sale. The goods are being sold as much as they used to be sold earlier. Earlier the major part of our procurement was from Yamuna Nagar. Now it has shifted to another place. Right now the sale of medium quality segment has decreased. It has remained just 20 percent. But the demand for high quality and low quality has increased perpendicularly. Those who used to take medium quality earlier has either shifted to the upper end or has come down for the low grade.<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>So the demand for Yamuna Nagar reduced?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">Earlier northern India dominated plywood market, but now monopoly is breaking. Because ply of South and other states have captured their market. Plywood manufacturers of North India are not paying attention to it. While the reality is that UP, Maharashtra, Bihar and Kerala have taken the share of Yamuna Nagar&#8217;s plywood. They have also improved their quality comparatively. Plywood manufacturers in northern India, especially Yamuna Nagar, have some problem in their approach. On the contrary, units in UP, have developed them systematically. That&#8217;s why who wants quality goods is moving towards UP. Those who want cheaper in quality and rates are attracted to South India.<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>What difference did MDF make?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">MDF is growing rapidly. But its share is very nominal yet. MDF had zero presence earlier, so it is felt that MDF is booming. After Covid, a different trend is developed in the market. Customers are attracted towards readymade furniture. Earlier it was believed that the quality of ply in readymade furniture does not have up to the mark. But now this myth is changing. People do not want the carpenter to stay at their house for months. Instead, they are turning towards OEM or readymade furniture. Secondly, the market of MDF is growing rapidly in furniture&#8217;s of call centers etc. We have had a very good experience with OEM. Because a large part of our sales is with OEM. If the market of OEM grows, we will definitely get benefit from it. Because it is not our rival. We have been supplying them regularly.<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>What is the possibility from the project of Dharavi?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">We are not in a position to say much about it right now. Because a very little quantity was asked by them initially which was delivered to them. It seems that they have taken these goods for temporary construction of godown or platform etc. Because it will take time to start the construction of the main project after necessary paperwork. However, some people are also apprehensive that the developers may import from outside as well. However, it is less likely as Indian plywood manufacturers can provide them with better and cheaper material.<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>What is your reaction to the rate hike?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">It seems that its immediate effect will not be reflected in the market. Because North India has announced the increment of rates, but plywood manufacturers of other states can take advantage of it. Because now market has many options. If the rates increases pan India, then only it will be implemented accurately, but increasing the rate from a particular area will only result negatively. There is no concrete reason for the increase in the rate at this juncture. As far as the rate of timber is concerned, it keeps on increasing and decreasing. It is regular phenomena.<\/span><br \/>\n<span style=\"color: #000000;\">Even after The fact that they have also curtailed their production, demand is not generated in the market. Same is the case with laminate. Production is high, demand is low.<strong> No particular area or region can dominate the market at present. As many option are available, the market can turn in that direction.<\/strong><\/span><\/p>\n<hr \/>\n<p><a href=\"https:\/\/plyinsight.com\/hi\/placement-wanted\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-34611\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-300x63.jpg\" alt=\"\" width=\"967\" height=\"203\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-300x63.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-768x162.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-600x127.jpg 600w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted.jpg 1433w\" sizes=\"auto, (max-width: 967px) 100vw, 967px\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: 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\u0939\u092e\u093e\u0930\u093e \u092a\u094d\u0930\u0924\u093f\u0926\u094d\u0935\u0902\u0926\u094d\u0935\u0940 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u0939\u092e \u092a\u0939\u0932\u0947 \u092d\u0940 \u092f\u0939\u093e\u0902 \u0938\u092a\u094d\u0932\u093e\u0908 \u0915\u0930\u0924\u0947 \u0930\u0939\u0947 \u0939\u0948\u0902\u0964<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\"><strong>\u0927\u093e\u0930\u093e\u0935\u0940 \u0915\u0947 \u092a\u094d\u0930\u094b\u091c\u0947\u0915\u094d\u091f \u0938\u0947 \u0915\u094d\u092f\u093e \u0938\u0902\u092d\u093e\u0935\u0928\u093e \u0939\u0948<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">\u0907\u0938 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0905\u092d\u0940 \u091c\u094d\u092f\u093e\u0926\u093e \u0915\u0941\u091b \u0915\u0939\u0928\u0947 \u0915\u0940 \u0938\u094d\u0925\u093f\u0924\u093f \u092e\u0947\u0902 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u0915\u094d\u092f\u094b\u0902\u0915\u093f \u0905\u092d\u0940 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\u0939\u0948\u0902\u0964<\/strong><\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<html>\n<head>\n<\/head>\n<body>\n  <marquee behavior=\"scrolling\" direction=\"left\" scrollamount=\"3\" seamless>\n    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n  <\/marquee>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"There is no problem in the market; just the business pattern has changed Earlier northern India dominated plywood market, but now monopoly is breaking. How do you see the current market? There is no change in our turnover or sale. The goods are being sold as much as they used to be sold earlier. Earlier [...]","protected":false},"author":1,"featured_media":34824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3793],"tags":[810,607,2540,621,3808,91,3805,626],"class_list":["post-34796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jan-interviews-2023","tag-decor","tag-lalit-agarwal","tag-maharashtra","tag-mdf","tag-panel-product","tag-plywood","tag-regency-plywood","tag-veneer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lalit Agarwal- Regency Plywood - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/lalit-agarwal-regency-plywood\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lalit Agarwal- Regency Plywood - 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