Somany Ceramics, the well-known Indian tile manufacturer, has decided to invest 6.5 million euros in its Kessar plant (Haryana) and for the construction of a greenfield project in Gujarat. These initiatives are part of the company's plan to become a €95 million entity by 2011-12. Somany intends to increase production capacity from the current 30,000m2 to 37,500m2 per day by April 2010.
The ceramic industry is growing rapidly in India, and the investments approved by Somany Ceramics are yet another demonstration of the hidden potential of this sector, and of a rapidly growing country like India. Given the presence of an important ceramics hub in Sassuolo, Italian companies involved in ceramics, and above all Emilia-Romagna companies, can find great opportunities to increase their turnover and profits from abroad.
Somany Ceramics is in fact only the latest example of an innovative company ready to lead the other Indian and international companies on the Indian territory.
Octagona is present in India with three offices in Pune, Bangalore and New Delhi, and together we can study your internationalization project on the foreign market. Contact us for more information.
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