The Indian ceramic tile market is estimated to grow at a CAGR of 8.6 per cent and reach $7,144.7 million by 2027. According to a report, the margin uptrend will continue as input prices remain benign. Looking to cash in on the growth opportunity,
There are over 1,000 ceramics units in Morbi and surrounding and surrounding areas with a turnover of around Rs 45,000 cr ..
In another related development, it has secured a new order worth Rs 400 million from GVT slabs.
“Expansion of the geographic footprint will drive both the topline and bottomline. Product innovation remains a key focus area
“Tile exports continue on a strong footing, with volume growth expected to remain buoyant in the near term,”
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