Read each of the following passages and answer the items that follow. Your answers to these items should be based on the passages only.
Environmental protection is gaining momentum, with India poised to play a greater role in the years to come. There is a great potential for a category of non-soild natural timber products which include PVC boards, MDF boards, Glass fiber reinforced plastic, wood based particle board, black boards, rubber wood, etc.
MDF boards are produced from agro-based raw material and have been widely accepted as the most effective substitute for wood globally. Initially these were manufactured on low scale but Subwood Ltd. went ahead with technology transfer and equity participation from world leaders in Sweden. Using state-of-art technology with an investment of Rs. 600 million, the plant is geared to 39,000 tones of Subwood MDF annually.
Subwood has a very wide usage in housing, industrial and institutional sectors. MDF industry is experiencing global boon. There exists a major demand supply gap. The demand for natural wood for the building industry is estimated at a phenomenal 12 million tones per year. However the product being new to the Indian market it is going to face a tough competition from natural wood in high-income class and also lower strata of the society.
The most promising consumer for Subwood Ltd. is the