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