(The contents of this presentation are solely meant for academic purposes) Summary: First, the term “potential of survival” is analyzed with the help of concepts like Porter’s Five Forces Analysis after which important aspects of furniture industry are discussed. Here, the concentration is on the Indian Furniture Industry and its history and development, Tariff and Import Policy and various statistics relating to these topics are mentioned. Lastly, the potential of survival of a firm in furniture industry is analyzed with the help of ideal Buyer & Seller Strategies.