Somany Ceramics is strengthening its footprint in South India and scaling up operations through a major modernization and expansion initiative. Backed by an investment of up to Rs 75.80 crore—including a Rs 58.80 crore stake acquisition in Siravit Ceramics—the company is building a massive 9 million sq. mtrs. per annum glazed vitrified tile manufacturing plant to meet rising regional demand. Beyond core tiles, Somany is tapping into lucrative, high-margin opportunities by introducing waterproofing products and construction chemicals across its robust retail network.
News by Rahul Yelligetti.