Asian Granito India’s wholly owned subsidiary -- Future Ceramic has commenced work on large format glazed vitrified tiles (GVT) plant at Morbi in Gujarat. Land acquisition of the plant was completed in the month of May 2022.
To tap the vast potential in the GVT space, Future Ceramic is setting up a plant to manufacture value added large format GVT tiles in 1200x1200 mm, 1200x1800 mm, 1200x2400 mm, 800x1600 mm and 800x2400 mm formats. Installed capacity of the plant is 6.60 million sq. mtrs. per annum. Total estimated cost for setting up the unit is around Rs 174 crore. The plant is expected to generate revenue of around Rs 300 crore at optimum capacity.
Asian Granito India is one of the top four Indian ceramic Companies engaged in the business of manufacturing, and trading of Ceramic Wall, Floor, Vitrified Tiles, Marble & Quartz Headquartered in Gujarat.
| Company Name | CMP |
|---|---|
| Kajaria Ceramics | 1178.20 |
| Somany Ceramics | 441.15 |
| Cera Sanitaryware | 5332.20 |
| Asian Granito India | 75.34 |
| Pokarna | 928.60 |
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