Carysil is planning to invest Rs 500 crore to increase manufacturing capacity of kitchen sinks, faucets and appliances segment as part of its long-term growth strategy in India. Under the programme, the company has earmarked Rs 100 crore to double its sink manufacturing capacity from 1 million to 2 million units per year. Another Rs 50 crore will be invested for expanding its stainless steel sink production to 2.5 lakh units annually. To enhance kitchen faucet production to 50,000 units per year, Rs 30 crore will be invested and another Rs 20 crore towards manufacturing 50,000 built-in kitchen appliances per annum.
Carysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.
