Asian Granito’s tiles volume improved 10% YoY to 10.4mn sq.m in the second quarter on the back of strong export demand and healthy participation of rural and tier-II & III cities.
Commenting on the results and performance, Mr. Kamlesh Patel, Chairman and Managing Director said, ” The Indian ceramic industry has benefitted from the rising demands of global players. As a result, the large players have improved the working capacity of their plants by a huge margin. Further advantages for the domestic industry have been the reduced gas prices and the anti-China sentiments.”
Further to strengthen international business and boost exports, the Company has launched 15,000-sq.ft ‘AGL Export House’ at Morbi – India’s hub for ceramic tiles & sanitaryware. AGL has launched a new ‘AGL EXPORT HOUSE’, a 15,000-sq.ft hub at Morbi to improve international business and meet the demands. This will be crucial to the Company’s vision of improved international operations. It will house the complete range of sanitaryware, bathware and tiles, in all designs and sizes, for our trade partners. This initiative will help the Company expand its network to more than 120 countries, leading to a better brand presence and widened outreach.
Asian Granito India Ltd has the widest range of products including, ceramic floor, digital wall, vitrified, parking, porcelain, glazed vitrified, outdoor, natural marble, composite marble & Quartz, etc. To provide a complete bathing solution to its customers, the Company added CP Fittings and Faucets to its sanitary division. The Company has set a target to increase its touch points to over 10,000, expand the network of exclusive showrooms to 500.