UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 4
April-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1904V92


Registration ID:
508272

Page Number

996-1000

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Title

Problem of Price Competition in Marble Industry of Rajasthan

Abstract

Marble industry is providing direct or indirect employment to almost 15% people in Udaipur and Rajsamand district of Rajasthan state. It is really very important that marble industry run smoothly so that the whole economy of this region can thrive. From the last decade the industry is witnessing problems related to intensive price competition that has led to decline in the profit margin. Traders are ready to sale their product at very low prices. They cut down their prices and grab customer of others. Catching each other's customer is eventually leading to low margin. When operating profit squeezes it becomes extremely difficult to cover the fixed overheads which are quite high in marble sector. With decline in demand of marble due to the rise of different substitutable products price competition intensified. More than required outlets and factories are there to do the trading so there is trader surplus which is leading to unhealthy price competition among traders. This problem has been studied in this research. Level of price competition being faced by small scale marble units and medium scale marble units has been separately as well as collectively analyzed in this research.

Key Words

price competition, small scale marble units, medium scale marble units

Cite This Article

"Problem of Price Competition in Marble Industry of Rajasthan", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.996-1000, April-2019, Available :http://www.jetir.org/papers/JETIR1904V92.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Problem of Price Competition in Marble Industry of Rajasthan", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp996-1000, April-2019, Available at : http://www.jetir.org/papers/JETIR1904V92.pdf

Publication Details

Published Paper ID: JETIR1904V92
Registration ID: 508272
Published In: Volume 6 | Issue 4 | Year April-2019
DOI (Digital Object Identifier):
Page No: 996-1000
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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