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Somany Ceramics to invest Rs 200 crore for capacity expansion

24 Aug 2012

Somany Ceramics is planning to invest Rs 200 crore over the next five years for capacity expansion in Gujarat and Karnataka. It is also planning to acquire a tile-making firm at Morbi in Rajkot district of Gujarat this year. For setting up a new plant, the company has purchased about 50 acres of land in Karnataka and will invest Rs 100 crore on the facility. Another Rs 100 crore will be invested for expanding capacities at Kadi.

Somany Ceramics is a pioneering manufacturer, supplier and exporter of Floor Tiles, Wall Tiles, Sanitary Ware including urinals, basins, etc. Somany strives to bring its customers floor, wall, vitrified, ceramic, porcelain and innovative tiles that are the very latest in the world. 

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323