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INDUSTRY PROFILE

India is a land of wonderful and marvelous artistic


work of wood which is being appreciated world wide. The
rich Indian handicraft and beautiful traditional attributes of
art and design have established a reputation of Indian
Furniture Industry in the nation and worldwide to be
appreciated by people. There are exceptional designs, rich,
compact, and luxurious trends and, not the least, the
supreme quality have given elegance to the furniture
segment in the traditional as well as modern aspect.

Tradition in making lots of developments in the Indian furniture market is to make


a luxury lifestyle statement. The old 'charpais' (string beds), inlaid 'door jambs',
handcrafted 'almaris' (cupboards), ornate 'jhulas' (swings) and grandfather's wooden
'kursi' (chair), wooden 'takht' (divans), old-fashioned round tables with bloated legs and
ornamented master beds are back in furniture stores - and in homes as well. Often wood
is recycled, culled from old discarded furniture and crumbling 'havelis' (traditional Indian
mansions) in the villages and former princely chiefs that are being pulled down by real
estate developers to make way for high rises.

FURNITURE INDUSTRY COMPRISES

Living Room Furniture


Bedroom Furniture

Kitchen Furniture

Drawing Room Furniture

Dining Room Furniture

Entryway Furniture
It is been estimated that the world home furniture market is worth Rs 20,000 crore
and during the past three years, it grew by 20 % a year. This also covered living room
furniture. The Indian demand for living room furniture has enjoyed steady growth over
the years. In the year 2006, the Indian furniture industry was estimated at around Rs
35,000 crores. Indian Furniture Industry is a highly unorganized sector. The furniture
industry in India employs a total of around 300,000 workers and the total production of
furniture in 2001-02 was USD 3580 million.

MARKET CAPITALIZATION

The Indian wooden furniture industry is able to generate approximately a turnover


of Rs 3,500 crore annually. The market of wooden furniture solely owns the share of
nearly Rs 60 crore. And as per one of the survey done recently, the industry is expected to
grow by 20 percent in coming times.

SIZE OF THE INDUSTRY

Among all the types of furniture, the office furniture segment is the one that boasts
the most important, both from the point of view of size and of the technological
innovation of the production. The furniture industry employs a total of around 300,000
workers. The total production of furniture in 2001-02 according to Annual survey of
Industry was USD 3580 million.

TOTAL CONTRIBUTION TO THE ECONOMY/ SALES

Indian Furniture Industry is estimated to be more than Rs. 60,000 cr. The industry
is dominated by unorganized sector, which constitutes 90% of the total Indian market.
The organized furniture market is at 10% and growing at about 35% CAGR. Furniture
segment comprises 65% of the home market & 35% of Institutions. The entire Home
decor category spends, furniture accounts about 68% of the share while remaining 32%
comprises of furnishings and home improvement. Imported furniture constitutes to 85%
of the total organized furniture industry in the country. India imports furniture from Italy,
Germany, Spain, China, Korea, Malaysia, Indonesia and Philippines.

TOP LEADING COMPANIES

The marked development of the Indian Furniture Industry has enhanced the
leading foreign brands to budget in their confidence. The world market now feels
pleasure and confident to join hands with Indian Furniture brands, to name few are
Godrej & Boyce Manufacturing Co. Ltd., Furniturewala, Zuari, Yantra, Renaissance, N R
Jasani & Company, Furniture Concepts, Durian, Kian, Millenium Lifestyles, Truzo, PSL
Modular Furniture, BP Ergo, Tangent, Featherlite and Haworth and much more to add to
the growth of the industry.

EMPLOYMENT OPPORTUNITIES

There are numerous opportunities in India for business of Furniture as the


household has increased its income while the economy is reaching to new horizons of
developments. There are opportunities like start up a business or work as an interior
decorator of furniture, or the supplier of the furniture to the local market from the
national market. Minimum qualification is required for any candidate to start up the job
in this industry.

LATEST DEVELOPMENT

Indian share of the wooden furniture market is around Rs 60 crore (Rs 600
million).
The world home furniture market is worth Rs 20,000 crore (Rs 200 billion).
During the past three years, it grew by 20 % a year. According to a World Bank
study, the organized furniture industry is expected to grow by 20 % a year and
India, Russia and Brazil will witness a boom.
Indian range of indigenous furniture includes both residential and contract system
furniture, with an increased concentration in office and kitchen furniture.

Indian manufacturers generally use a three-tier selling and distribution structure,


comprising the distributor, wholesaler and retailer.

India was the biggest furniture importer in 2004-05, with a 17 % share in furniture
imports worldwide. A total of 10,476 importers shipped furniture to India during
this period.

The current imports are mainly from Italy, Germany, Spain, China, Korea,
Malaysia, Indonesia, the Philippines and Japan.

The furniture market in India is mainly concentrated in A, B and C cities.

It has been estimated that the top 784 urban centres contribute 41% to the total
consumer furniture market. A and B type cities together contribute 33% of the total
market.
1.2 COMPANY PROFILE

Feather Line Furniture India Pvt Ltd two decades of innovative, safe, Eco-friendly ideas
with phenomenal growth find Surya Energy and Engineering Services in the position of a
World-class Company with widespread markets across the globe. The reputation for
designing and built tough to endure any harsh weather condition, high performance,
heavy equipment made Cibi Brand machineries years of dependable services. It's high
performance, ease of operations; low maintenance, low power consumption and
competitive pricing have made it the best in the market across the globe.

Our product range comprises of Wood Chipping Machine (Disc Chipper and Drum
Chipper), Wood Slicing Machines, Wood Pulverizing Machine, Hydraulic Wood Splitting
Machine, Palm Shredders, Shredders (For chopping sugarcane trash, cotton, chilly, maize
stalks in bundles), Briquette Making Machine, Veneer Shredder Machine, Coconut Husk
Cutting Machine, Fully Automatic Knife Grinding Machine. These machines are most
commonly used in Biomass based Co-generation Power Plants, Paper Mills, Sugar Mills,
Distilleries, Edible Oil Refineries, Particle Board Industries, Chemical Industries,
Plywood Industries, and all Boiler Related Industries for the production of Wood Chips
and Green Wastes which are used as Raw Material or as Fuel.

Surya Energy armed with ingenious equipments, highly qualified professionals, and
dedicated work force whose combined efforts, expertise and noteworthy achievements
have constructively propelled the goodwill of the organization across the globe.
We supply equipment that performs to the expectations and complete satisfaction of our
customers, which is backed by excellent lifetime service support. Our continued research
and development ensures the safest and most user-friendly machines in the market.

Surya Energys products include:


Bedroom setting
Kitchen cabinet

Office furnitures

Doors

Wooden staircase

Door frames

Shop dcors

Wood engraving

Interior decor

Baby setting

Tables

Surya Energy products are manufactured to very high standards, using superior
quality materials and craftsmanship with attention to detail. Surya Energy has a fully
implemented in-house quality management system incorporating internal
documentation for traceability of components and finished product, which has been
certified to ISO 9001:2008. Surya Energy provides on-site product and application
advice through its experienced sales consultants. Their trained personnel can provide
you with technical advice and suitability requirements on all products, along with
information on standards and compliance issues. Sales and service are supported by
an internal sales and management team. Surya Energy products are backed by a
comprehensive warranty providing you with peace of mind and an assurance of
quality, reliability and performance.

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