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H&R Johnson (India), a division of Prism Cement Limited and the world’s 7th largest tile company has entered into a joint venture with Small Tiles Pvt Ltd, a manufacturer of ceramic glazed floor tiles.
With this venture, H&R Johnson (India) has acquired a 50% stake in Small Tiles.
According to the joint venture, Small Tiles will manufacture and supply tiles to H&R Johnson (India). The tiles would primarily be focused in the Northern, Central, Eastern regions of India and the overseas market.
Vijay Aggarwal, Managing Director, Prism Cement Ltd, said, “This would be the fifth tile joint venture and Small Tiles will now be supplying glazed floor tiles to us. Floor tiles have been growing at a healthy rate in India and this joint venture would enable us to cater to the growing demand”.
The plant capacity of Small Tiles is approximately 2.3 million m2 per annum. The plant has capability to manufacture floor tiles of 12x12, 16x16, and 24x24.
Established in the year of 1958, H&R Johnson India, a division of Prism Cement Ltd, is the undisputed market leader in the tile industry since last 53 years across various product categories. Today, the company enjoys the recognition of being the only company to offer end-to-end solutions of Tiles, Bath products and Kitchens. During the year-ending March 31, 2011 the company’s revenues touched Rs 1,472 crore. The company’s sales volume during the year also crossed 43 million sq metres in tiles.
“The constant stream of investment in all sectors of Gujarat’s ceramic sector, underlines the importance of strategic positioning for the leading manufacturers of Asia” says Derek Burston, exhibition director, Indian Ceramics 2012.
“As difficult times hit Europe and the US in particular, there is at least solace that Asia continues to offer a wide range of options for machinery and technology suppliers” adds Burston. “Although consuming markets may be suppressed in Europe, the continuing boom of domestic and regional consumption in Asia itself keeps driving the need for improved products”.
“In fact, the current gloom sweeping Europe and North America is once again reinforcing Asia – and India in particular – as the premier manufacturing base. When those markets are ready to buy en masse again, India will undoubtedly be ideally-placed to take even more market share – particularly if the current rate of investment in technology continues” he concludes.
With over 4,000 visitors, Indian Ceramics is the fastest growing, most interactive ceramics exhibition held in the industry.
To take part in next year’s exciting event, and to be sure of your place at the industry’s most rapidly expanding show, contact Derek Burston on Des@gattacaltd.com for sales and marketing opportunities. With only a few stands remaining, the show will once again sell out at least 3 months in advance. Act now to secure your place.
For direct sales and sponsorship enquiries, contact Derek Burston on Des@gattacaltd.com ;
Tel: + 44 (0) 203 239 6759
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