Page 15 - CV April-May 2019 issue

BKT WORKING ON RS 2,000 organisation has five offices in Maharashtra, The industry presently produces around 2.5
CR EXPANSION PLAN IN Rajasthan and Gujarat. Poddar said amid per cent of the total global output, in which
the last money related year 2017-18 the Gujarataccounts for 70 per cent of the total
INDIA
organization's turnover remained at Rs output.
4,500 crore. "But looking at the upcoming projects in the
“We are country and the increase in exports to major
expecting this destinations like Saudi Arabia, Mexico, the
will increment USA and the European countries, we are
to Rs 5,000 looking to double the turnover by 2021. We
crore amid the have the potential to become the largest
current ceramic producerin the world," Marwah said.
budgetary He was talking on the sidelines of the three-
year. We are day Indian Ceramics Asia 2019 Expo which
expecting 10- kicked off at the Exhibition Centrehere on
15% Wednesday.
development The exhibition, organised by Messe
in the years to Muenchen India, brings together the best of
come,” he raw materials, ancillary equipment, ceramic
said. The organisation basically trades its machinery, raw material manufacturers and
The organisation is intending to set up a
tires to Europe, America and Australia. At technology suppliersfrom across the country
cutting edge carbon dark assembling office
present, Europe represents around 52 and the world.
at its plant in Bhuj, Gujarat. Off-interstate tire
percent of its all out fares. It features over 300 global and Indian
producer Balkrishna Industries Limited
companies and over 8,500 visitors are
(BKT) is dealing with a Rs 2,000 crore
CERAMIC INDUSTRY LOOKS expected to attend the exhibition. The three-
development plan in India to fulfill the
TO DOUBLE TURNOVER BY day event also includes a job fair,
expanding need of its items all inclusive.
2021 workshops, innovation exchanges and
The organization is wanting to set up a
buyer-seller meets.
cutting edge carbon dark assembling office According to a market research report on
Fuelled by the growing construction sector
at its plant in Bhuj, Gujarat. “The the ceramic industry, the Morbi ceramic
in the country and a rise in exports to the
organization is dealing with a Rs 2,000 crore industry in Gujaratis likely to have an
advanced nations, the Indian ceramic
development plan,” BKT's CMD Arvind investment of Rs 1,500 crore in the first
industry, which has the potential to be the
Poddar said. quarter of 2019 involving 50 new wall tiles
largest producerin the world, is looking to
manufacturing plants.
double its turnover by 2021, according to
BKT Working On Rs 2,000 Cr Expansion "Because of global recession, production in
industry experts.
Plan In India the ceramic industry world wide is going
With many new projects lined up in the
down. From 2015 to 2018, there were too
Anticipating solid interest, he said ranchers country, the construction sector is growing at
many ceramic productswithout any buyers.
in India need great machines and the an approximate rate of 7 to 8 per cent. The
So we need to find buyers, find out ways to
administration also was concentrating on the demand for industrial ceramic productssuch
export our products which will take a long
farming area. As of now, the organization's as ceramic tiles, sanitary wares and pipes
time. But despite that the revenue is growing
offer in the rough terrain tire showcase in required in construction applicationstoo are
because of the upgradation in technology
India is 7-8% and it is “taking a gander at expected to increase.
and improvement in quality," said Ken
expanding the offer to 15% in the following The government has also announced an
Wong, General Managerat Unified
three to four years”, he said.Currently, the investment target of $376.5 billion in
Exhibition Service.
organisation's offer in the rough terrain tire infrastructure by 2020. "Looking at all these
"From Chinawe have 120 companies
advertise in India is 7-8% and it is “taking a factors, the ceramic industry expects a huge
participating in this three-day event. The
gander at expanding the offer to 15% in the growth in volume," Tarun Marwah, Director,
relations between Chinese and Indian
following three to four years”, he said. Messe Muenchen Ind, told IANS.
ceramic companies are growing stronger by
He said the ceramic industry is divided
the day. With new slab technology, 3D
Poddar likewise said the organization will equally into two halves -- the first comprising printing, glazing and inkjet printing, the
move its Aurangabad plant to another area. the organised sector with the existence of a industry is likely to grow in leaps and
The venture will be finished in year and a few large players, while the other comprising bounds," said Wong.
half at an expense of Rs 450 crore. The the unorganised sector.
13 / CONSTRUCTION VISION / May June 2019