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Kajaria revises tile expansion plans and approves Durgapur adhesive plant

Indian tile producer Kajaria Ceramics revised expansion plans at Srikalahasti and Gailpur and approved a new adhesive plant at Durgapur on October 24. The projects are intended to serve southern, northern and eastern India. Their estimated combined investment is 554 crore rupees, funded through internal resources and bank financing, with completion targets in 2027.

Economics & Markets··Evening
Participants around a table discuss ceramic tile and adhesive samples.

Srikalahasti expansion targets southern India

Kajaria Ceramics, an Indian tile producer, revised production expansion plans at its October 24 board meeting. Its Srikalahasti plant in the Indian state of Andhra Pradesh is to gain 12.50 million square metres of annual tile capacity at an estimated investment of 340 crore rupees. The project is intended to supply southern India.[1], [2]

The existing plant has annual capacity of 8.80 million square metres and reported utilisation of 100 per cent. Kajaria expects completion by June 2027. The latest decision revises the capacity and cost of an expansion first announced on April 30.[1]

Gailpur investment receives a revised cost

At Gailpur in the Indian state of Rajasthan, Kajaria revised the estimated cost of an additional 11 million square metres of annual tile capacity to 180 crore rupees. Existing capacity is 35.95 million square metres a year, also operating at 100 per cent utilisation. The company expects completion by April 2027. First announced on July 31, the expansion is intended to meet demand in northern India.[1]

Durgapur plant supplies tile adhesive

The board approved a tile adhesive plant at Durgapur in the Indian state of West Bengal. Planned output capacity is 9,000 tonnes a month, with estimated investment of 34 crore rupees and expected completion by December 2027. Kajaria’s existing adhesive plant at Gailpur has the same monthly capacity and reported utilisation of 71 per cent. The company plans internal funds and bank financing, mainly letters of credit, for all three projects.[1]

References

  1. News sourceKajaria CeramicsKajaria expands capacity investment plans↩1↩2↩3↩4
  2. News sourceBusiness UpturnKajaria Ceramics announces Rs. 12 interim dividend and expands production capacities↩