Published On:April 17 2008
Story Viewed 1530 Times
Euro Ceramics commences sanitaryware production
Mumbai: Tile manufacturer Euro Ceramics Ltd has commenced production of sanitaryware at its existing 130 acre facility at Bhachau (Kutch) with an annual capacity of 11,000 tonnes. The unit has been set up at a cost of Rs 77 crore.
Mr Nenshi Shah, Managing Director, Euro Ceramics said, 'The sanitary ware market in India is growing at about 15-18 per cent annually.' Euro Ceramics is also expanding its tile segment. In addition to sanitary ware, Euro has an installed capacity of 79,971 tonnes p.a. of vitrified tiles, 45,000 tpa of calcarious tiles and 1,800 tpa of aluminium extruded sections.
The company has plans to expand capacities in existing product categories and to launch new generation products. Capital for the expansion will be through internal accruals and debt.