India’s largest tile manufacturer celebrates the goal of 101 million sqm, sold mainly on the domestic market. Revenues were up 18% to around €500 million.
India’s largest tile manufacturer plans to increase its sales at a rate of 15% for the next 3 years, confirming the growth trend of the last fiscal year.
This spring the Indian group will be starting up a new PCR2120, the smartest machine in the Sacmi Continua+ line-up, together with a 5-tier dryer and a kiln equipped with Sacmi’s latest energy efficiency solutions
The Indian ceramic group has announced new investments of more than $30 million, to bring its total capacity to exceed 80 million sqm/year by March 2022
The Indian group is confident and determined to surge ahead in the post pandemic phase, thanks to its financial solidity and recent production investments.
Mohawk Industries, SCG and Lamosa lead once again the rankings. Victoria PLC is the new entry among the big names. For most of the big groups the outlook for 2020 is not overly pessimistic, with declines below -10% and even some players anticipating growth.
Mohawk Industries (USA), SCG (Thailand) and Lamosa (Mexico) lead once again the rankings. Good results were also posted by Vitromex (Mexico), Pamesa and STN (Spain), Kajaria (India) and Arwana Citramulia (Indonesia).
The Indian giant started up of two new production sites in Rajasthan and Gujarat, reaching a production capacity of 68.6 million sq.m of tiles and a real production of 58 million sq.m.
The largest Indian ceramic tile manufacturer ended 2014 with a production capacity of 54 million sq.m and a real production of 50 million sq.m (+26% on 2013). The goal: 100 million sq.m/year by March 2018.
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