Carysil: Global Kitchen Leader Invests ₹500 Crore in India

Carysil, a leading provider of premium kitchen solutions, plans to invest ₹500 crore to expand its manufacturing capacity for kitchen sinks, faucets, and appliances in India. This investment aligns with the company’s long-term growth strategy to strengthen its market presence.

As part of this expansion, ₹100 crore will be allocated to doubling sink manufacturing capacity from one million to two million units annually. An additional ₹50 crore will increase stainless steel sink production to 2.5 lakh units per year. The company will also invest ₹30 crore to scale up faucet production to 50,000 units annually and ₹20 crore to manufacture 50,000 built-in kitchen appliances per year.

Carysil’s Chairman and Managing Director, Chirag Parekh, highlighted the company’s vision to establish Bhavnagar as the world’s largest kitchen sink manufacturing hub, supporting the "Make in India" initiative. Over the past five years, Carysil has invested ₹300 crore to expand its domestic and international footprint. The company currently exports its products to 58 countries, including the US, the UK, and across Europe.

News by Rahul Yelligetti.