From the archive record
Designer building material and furniture industries plan to expand their business to rural markets of India as they are limited to few cities in India. John Mathew, Deputy General Manger, H and R Johnson. He says, "It is limited to metro cities of India because we have not done any rural marketing and many Indian and foreign companies would enter the market so by 2002 the market would grow." The main reason for the limitation of designer building material and furniture availability in rural market is the cost and on the other hand, people are not aware of the designer building material and furniture. Mumbai Stock Exchange falls after the continuous boom for three days. The market started at 4297.44 and Sensex at 4332.65 and at the end, it falls 14 points and closes at 4270.45. Namvar Singh