Man cannot remake himself without suffering, for he is both the marble and the sculptor.- Alexis Carrel
Next time you wish to invest, you may get to see a surprise listing of marble stones on your favourite stock exchange! News reports suggest that Turkey, which sells marble and stone to 154 countries, will establish the world’s first marble and stone exchange in Kocaeli. The Ministry of Industry and Trade have completed their preparations for the establishment of the exchange, which will market 121 kinds of marble produced.
Globally, China leads the world in marble production, followed by other countries like India , Turkey etc. USA continues to remain the largest buyer followed by UK, Spain, Canada, Saudi Arabia, Iraq, Israel and Russia.
Marble has traditionally been used in making sculptures, construction purpose and some industrial usages as well. Though granite is giving some tough competition to marble as it is fast becoming buyer's favourite stone for flooring etc. even then marble still remains the first choice of the construction community worldwide.
On the Indian front, marble industry has been flourishing for a long long time, which has made India the fourth largest producer of marble in the world. The Indian marble suppliers are not only confined to production or supply of the marbles but are also the epicentre of export of highly acclaimed stones such as blocks, flooring, calibrated (ready to fix tiles), monuments, slabs, structural slabs, tomb stones etc.
Indian marble stones are in great demand mainly due to their low cost - high quality attribution and state of the art marble extraction machinery . In recent years more marble producing regions have been discovered. So far, Makarana and Ambaji were the only regions (in Rajasthan) which were producing marble on large scale but currently more sites are being discovered to maintain a consistent supply.
The Indian government too has realized the importance of the marble industry and is leaving no stone unturned to fuel its growth. It recently announced the removal of excise duty (up to the annual sales of Rs.1 Crore) along with drafting a new marble policy which instructs the state to empower the search for new marble regions.
Global economic downturn took its toll on the marble export figures in 2009 which is now in the correction mode since last quarter of 2010 . Overall it seems that 2011 should be a promising year for the Indian marble suppliers and they should make every possible effort to make the most of it and post record profits.
Next time you wish to invest, you may get to see a surprise listing of marble stones on your favourite stock exchange! News reports suggest that Turkey, which sells marble and stone to 154 countries, will establish the world’s first marble and stone exchange in Kocaeli. The Ministry of Industry and Trade have completed their preparations for the establishment of the exchange, which will market 121 kinds of marble produced.
Globally, China leads the world in marble production, followed by other countries like India , Turkey etc. USA continues to remain the largest buyer followed by UK, Spain, Canada, Saudi Arabia, Iraq, Israel and Russia.
Marble has traditionally been used in making sculptures, construction purpose and some industrial usages as well. Though granite is giving some tough competition to marble as it is fast becoming buyer's favourite stone for flooring etc. even then marble still remains the first choice of the construction community worldwide.
On the Indian front, marble industry has been flourishing for a long long time, which has made India the fourth largest producer of marble in the world. The Indian marble suppliers are not only confined to production or supply of the marbles but are also the epicentre of export of highly acclaimed stones such as blocks, flooring, calibrated (ready to fix tiles), monuments, slabs, structural slabs, tomb stones etc.
Indian marble stones are in great demand mainly due to their low cost - high quality attribution and state of the art marble extraction machinery . In recent years more marble producing regions have been discovered. So far, Makarana and Ambaji were the only regions (in Rajasthan) which were producing marble on large scale but currently more sites are being discovered to maintain a consistent supply.
The Indian government too has realized the importance of the marble industry and is leaving no stone unturned to fuel its growth. It recently announced the removal of excise duty (up to the annual sales of Rs.1 Crore) along with drafting a new marble policy which instructs the state to empower the search for new marble regions.
Global economic downturn took its toll on the marble export figures in 2009 which is now in the correction mode since last quarter of 2010 . Overall it seems that 2011 should be a promising year for the Indian marble suppliers and they should make every possible effort to make the most of it and post record profits.
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