MECS has published the updated report “Indian Ceramic Tile Exports 2024”, which analyses Indian tile exports by volume, value and average price from 2015 to 2024, broken down by the 135 countries of export. It also provides an analysis focusing solely on exports of porcelain stoneware, as well as a chapter on the 30 top Indian exporters over the period 2023-2024.
Work is underway for the construction of the two new factories in Malia and Tirupati, which will increase the annual production capacity of the Indian ceramic group to 41 million sq.m of tiles and slabs over the next two years.
According to forecast analyses by the MECS Research Center, tile consumption in Asia-Far East could rise to 10.8 billion sq.m in 2028 with an average annual growth of 1.8%. Production expected at 11.6 billion sq.m (CAGR +1.6%).
India’s second largest ceramics group closed the 2023-24 financial year with a 4.6% growth of consolidated revenues and expects to achieve double-digit growth this year.
The new MECS report analyses India’s ceramic tile exports between 2014 and 2023. It looks at volumes, values and average prices in the 139 export markets and features two new sections devoted to in-depth studies of porcelain tile exports and the global presence of India’s 30 top exporters
In the third quarter of 2023, the construction sector grew by 13.3% on the same period in 2022, while forecasts for the whole 2023 reveal a robust 9.6% real-term expansion.
While waiting for the inauguration of the Somany Max plant in December, the Indian group expects a double-digit growth in volume and an improvement in margins in the current fiscal year
Indian tile exports grew by 31% in the first half year of 2023 to 272 million sqm, further closing the gap with China which still leads the rankings of the major exporters.
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.
An agreement has been signed for the supply of a technological tower with flaker and mixer that will improve the aesthetic and technical quality of products.
LB will deliver a technological tower and aesthetic kits for the Indian manufacturer’s new plant for the production of 800x3200 mm, 1200x1800 mm and 1600x3200 mm size tiles in thicknesses ranging from 6 mm to 15 mm.
Founded in 1937 in the city of Varanasi in the state of Uttar Pradesh, Prayag Clay Product (PCP) is one of India’s top three structural clay product manufacturers in terms of volume, quality and the breadth of its product range.
Italian research centre MECS-Acimac has published its new report on the Indian ceramic tile industry, which is the result of interviews with around 800 local companies, mostly based in the Morbi district.
The sanitaryware multinational has installed a second glazing robot at its Ahmedabad facility, the latest addition to the many projects it has carried out together with Sacmi around the world.
After the large capacity expansion completed this year, Somany Ceramics has become the second biggest Indian tile producer. Watch CEO Abhishek Somany’s interview at the inaugural conference at Tecna 2022.
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