Kajaria to complete its expansion plans in next FY

Kajaria to complete its expansion plans in next FY

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Kajaria Ceramics, the largest manufacturer of ceramic/vitrified tiles in India and the ninth largest in the world, is expected to complete all its expansion plans in the next financial year. The company is expanding its Malutana (Rajasthan) plant, investing Rs 80 cr to increase its polished vitrified tile capacity by 5.6m sq.m to 12.1m. This project was earleir expected to be complete in the current financial year itself but now the company expects it to be complete by March 2020. However, no reasons were cited for the delayed commissioning of the plant. 

Kajaria Floera, the wholly-owned subsidiary of the company, is putting up a 5m sq.m glazed vitrified tile plant in AP which is expected to be commissioned in the first quarter of next financial year. Further, the company is also undertaking expansion in its sanitaryware division which will increase its capacity by 120,000 pcs p.a. The project is expected to be complete by the first quarter of next financial year. Plans are also on the anvil to set up a 4m sq.m plant at Tirupati at Rs 125 cr capex.

Presently, Kajaria Ceramics has annual capacity of 68m sq.m across seven plants: one in Sikandrabad (UP), one in Gailpur (Rajasthan), one in Malutana (Rajasthan), three in Morbi (Gujarat) and one in Vijaywada (AP). Kajaria has more than 2000 options in ceramic wall and floor tiles, vitrified tiles, designer tiles and more. Its entry into faucets and sanitaryware is recent one aimed at taking advantage of shift in sanitary requirements in India. 

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