Opportunities in Indian signage industry

The signage industry of India is now going through a transformation phase. From the traditional signboard manufacturing techniques to several technological advancements, the industry is becoming more organised day-by-day. In this respect, certain factors like growing retail and infrastructure industry, increasing need of advertising and growing number of MNCs in the country are providing a further boost to the signage sector. According to an industrial source, Indian signage industry is anticipated to surge at a CAGR of around 10 percent during 2013 to 2016.

Also, the report provides an in-depth analysis of the Indian signage industry, in which it has been found that signages the hold majority of the market shares in terms of both value and volume. Further, the report also heralded the fact that the scenario in the industry is going to bring a new change into the industry. The report identifies and evaluates the prevailing trends in the signage industry of India. According to the study, the manufacturers of signage boards are upgrading to newer and better technologies, in order to enhance the profitability. Growth in the online services, new printing technologies and laser engraved sign boards are some of the trends prevalent in the signage board industry.