NGT order, focus on affordable housing to aid home decor players

Recent ruling by the National Green Tribunal (NGT), Delhi bench to shut down all ceramic units at Morbi and Wankaner in Gujarat that run on coal gasifier is a positive development for organised home decor players, analysts say. 

Besides, ongoing structural changes including stricter implementation of the E-Way Bill, recovery in rural demand in the wake of a good monsoon and the government focus on affordable housing, too, augur well for the industry.

The NGT on March 6 ordered shutdown of coal gasifiers at Morbi and Wankaner ceramic cluster to curb pollution. While this move is expected to cause major