3. HISTORY OF MARKET
Established on 1920.
Previously known as China Clay
Market.
Presently known as Glass Market.
Wholesalers like GOUR HARI
SEAL & SONS, BOMBAY
GLASS, BIJOY KRISHNA BAKSHI,
SANTI GLASS HOUSE,
GANERIWALA & Co.,
LOOKMANJEE & Co. are
dominating the market since 1930.
Market timing : 11am-7.30pm
4. ABOUT OLD CHINA GLASS MARKET
• Well known
• Connectivity
• Oldest market
• Reliable product
• Cheap cost
Of them said they got the shops from
their ancestors
“Yehan sab sasta bikta hai ”
11. THE SUPPLY CHAIN
Wholesalers pay
the money to
manufacturers/com
pany by demand
draft and cheque.
NO CREDIT IS
APPLICABLE FOR
WHOLESALERS
FROM COMPANY.
Transportation cost for
customers/retailers are
given by their own,
sellers don’t provide
the labour charge as
well as transportation
charge for delivering
goods.
12. Transportation
Road
SHIP
Manufacturers
Warehouses
THE SUPPLY CHAIN
They use their factories as
warehouses.
Factories are nearby, eg.,Budge
Budge, Tangra.
goods are delivered after 10-15 days of
order placement.
Order is mostly placed over phone calls
by regular customers.
13. Wholesale
rs
Custom
ers
Retailer
s
THE SUPPLY CHAIN
They generally deal with Shopping Malls, New Construction sites, 5 Star Hotels,
Metro Authorities, Automobile Authorities, Govt. Sectors etc.
No Special Discount
15 days
To
1 month
Is the time period for keeping credit
14. With this (shown
in photo) kind of
wooden packing
the four sides of
glass sheets
are covered and
it keeps glass
firmly stick to
the wooden
crate.
15.
16. The demand is estimated during survey as :
90% of them said demand remains same through out the whole year.
17. TURNOVER
25-30
Crore
Is the yearly turnover at the big wholesale stores
2-5
Crore Is the yearly turnover at the medium sized wholesale stores
25-30
Lakhs Is the yearly turnover at the retail stores
18. DEMONITISATION & GST EFFECT ON
MARKET
PREVIOUS TAX (%) 14.5
GST (%) 28
THE MARKET HAS
BECAME DULL AFTER
DEMONITISATION AND
GST.
19. WASTE MANAGEMENT
SCRAP COLLECTORS
COLLECT GLASS
WASTES FROM EACH
SHOP IN RETURN OF
Rs. 100 PER
COLLECTION.
Glass merchants pay Rs. 300 for the
maintenance charge to their business
committee.