- Globally, India ranks second and produces 12.90 percent of the output of the ceramic tile.
- Ceramic products maker Asian Granito India on Friday said it is looking to further consolidate its exports in the current fiscal on account of robust business orders from the US, Europe, and the Middle East.
- The company, which has witnessed a considerable jump in its exports business in recent quarters, is also expanding its business network in over 120 countries from 100 currently, said Asian Granito in a statement.
- In the first half (April-September) of the current fiscal, Asian Granito exported worth Rs 83.2 crore and its contribution into the total consolidated revenue was up 17.6 percent compared to 13.8 percent of the H1 of FY20
- The recent reduction of gas prices in domestic markets has made Indian tile products more competitive in the world markets and together with recent developments globally, the share of India in the global trade is likely to improve considerably, he added.
- Currently, many countries including the US, Europe, Middle East have reduced imports from China post-Covid and they are looking at India for their requirements.
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