INDIAN FIREWORKS ASSOCIATION
340, Nehru Road,
Sivakasi - 626 123
Tamil Nadu, India
Phone : +91-98434-66666
Fax : 04562-223333
e mail : ifa@indianfireworks.org

Need

The Fireworks Industry in India is being governed by The Explosive Act 1884 The Explosive Rules 1983 and 2008.The Explosive Act 1884 was farmed by the then British Govt,keeping the condition of that time.

Since 1884,the Development of Technology has a major impact on Fireworks Industry at globally.The fireworks manufacturing process may be fully mechanised so as to compete globally.

The Central Govt.should bringout a NEW FIREWORKS ACT at par with International standard to support FIREWORKS MANUFACTURING INDUSTRY.

The sale of Fireworks may be liberalized as a consumer products.The Explosive rule may be modified by EXEMPTING the TRADERS from obtaining Selling License to sell FIREWORKS.

The Central Gove may propose to set up a FIREWORKS DEVELOPMENT BOARD to develop this Industry.

INTRODUCTION

The FIREWORKS Industry in india had a phenomenal growth in the past and the future of FIREWORKS is very bright.In the earlier days,people enjoyed the fireworks with sound which is called as CRACKERS.Whereas now the Consumer choice of FIREWORKS has changed and people likes fireworks with more COLORFUL FIREWORKS.The demand for the Display fireworks such as Shell, Cakes and aerial products are increasing day by day.There is a huge shortfall in supply during the Festival time for the Fireworks Products.

EMPLOYMENT POTENTIAL

The direct employment of Fireworks Industry goes upto 5 lakhs within a period of 3 years.The in-direct jobs will be created more than another 3 lacs.Further, there will be a host of ancillary SSI units will emerge to support this Main Industry such as Printing, Cutting, Scoring, Packaging, Paper Tube making, Chemical Industries etc.Further the Raw material input gives a thurst to the current economy to generate more Revenues to the Govt.In brief, there will be a phenomenal economic activities will emerge out of this Fireworks industry.

MARKET POTENTIAL

There is a wide gap between the demand and supply.Also there is a huge demand for FIREWORKS during Diwali/Vishu festivals and always the customer goes without getting their choice of fireworks due to lack of retail marketing.Apart from Consumer market,there is an untapped Market for DISPLAY FIREWORKS during the functions such as Inaugural/Closing ceremonies of various events , Corporate events, Marriage functions and New year celebrations as well as various Religious festivals.Overall there is a huge market lies ahead for DISPLAY FIREWORKS.In Foregin countries,the display fireworks is being organized by the Govt and Corporate Houses for the benefit of the community.Rs.1,500 Crore FIREWORKS Industry will reach beyond Rs.20,000 Crores per annum,if this Industry is properly organized.

NEED OF THE HOUR

The Fireworks Industry in India is being governed by The Explosive Act 1884 The Explosive Rules 1983 and 2008.The Explosive Act 1884 was framed by the British Govt,keeping the condition of that time.

Since 1884,the Development of Technology has a major impact n Fireworks Industry at globally.The Fireworks manufacturing process may be fully mechanised so as to compete globally.

The Central Govt. should bringout a NEW FIREWORKS ACT at par with International standard to support FIREWORKS MANUFACTURING INDUSTRY.

The sale of Fireworks may be liberalized as a consumer products.The Explosive rule may be modified by EXEMPTING the TRADERS from obtaining Selling License to sell FIREWORKS.

The Central Govt may propose to set up a FIREWORKS DEVELOPMENT BOARD to develop this Industry.

CONCLUSION

There is ahuge potential available for FIREWORKS in India and also GLOBALLY.The Govt. should help this Industry to take to New Height