TIDYING UP
Article Abstract:
Kajaria Ceramics has made itself the second largest player in the domestic ceramic tiles industry through capacity additions and aggressive marketing. The company had to look to export markets as the domestic market could not absorb its capacity of 150,000 tonnes per annum. The company added new markets like Mauritius, Sri Lanka and the UK to its list of overseas export markets. Its exports are projected to reach Rs45 crore in 1998-99 against Rs15 crore in 1997-98. The company had reached a total turnover of Rs167 crore by the end of February 1999 and is expected to end 1998-99 with a turnover of Rs200 crore against Rs136.22 crore in 1997-98. (khr)
Comment:
Kajaria Ceramics has made itself the second largest player in the domestic ceramic tiles industry through capacity additions and aggressive marketing.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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JOHNSON TO EXPAND TILE CAPACITY AT KUNIGAL, PEN
Article Abstract:
H&R Johnson (India) Ltd (HRJIL) plans to increase its tile production capacity from 90,000 tonnes per annum (tpa) to 150,000 tpa at a cost of Rs55 crore at its facility in Pen. Its partner Johnson International, UK, plans to source tiles from India. HRJIL has received export orders for Rs30 crore for 1999 and Rs40 crore for 2000. Its turnover is likely to touch Rs200 crore by 1999 and Rs250 crore by 2000. It is also expanding its capacity at Kunigal in Karnataka by 15,000 tpa at a cost of Rs15 crore. It sells wall tiles and floor tiles under the brand name of Johnson Tiles. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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CERAMIC FIRMS WANT LEVY DOWN TO 13%
Article Abstract:
The ceramic tiles industry has requested the government to reduce excise duty to 13 percent from 25 percent now. The Indian Council of Ceramic Tiles and Sanitaryware says that the reduction will allow the organised sector to compete with the unorganised sector. There are about 29 companies in the organised sector who paid an excise duty of Rs230 crore in 1996-97 on an output of 6.63 lakh tonnes of ceramic tiles. There are over 200 producers in the unorganised sector who paid excise duties of Rs30 crore on an output of 5.34 lakh tonnes in the same period. (khr)
Comment:
India: Ceramic tiles industry requests government to reduce excise duty to 13% from 25% currently
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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