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Asian Granito India Limited (AGIL) has completed a major expansion at its subsidiary, Crystal Ceramic Industries Private Limited (Crystal Ceramics). Crystal Ceramics added brown field expansion of 12,000 Square meters per day in a new production line of Glazed Vitrified Tiles at its Mehsana Plant in Gujarat. Crystal Ceramics Industries Limited has invested Rs. 25-Crore for this expansion. Asian Granito holds a 70% equity stake in Crystal Ceramics.<\/p>\n\n\n\n

This expansion will increase the total capacity of Crystal Ceramics to 36,000 Square meters per day. The capacity addition will add an incremental sales of around Rs. 70-75-Crore per annum in Crystal Ceramics and Asian Granito India Limited consolidated turnover. Crystal Ceramics reported Turnover of Rs. 184.45-Crore in FY 21. For FY21, Company reported a net profit of Rs. 57.23-Crore on consolidated basis – growth of 36% Y-o-Y. Net Sales for FY21 was reported at Rs. 1,292-Crore with 6% growth Y-o-Y.<\/p>\n\n\n\n

AGIL has the widest range of products including, ceramic floor, digital wall, vitrified, parking, porcelain, glazed vitrified, outdoor, natural marble, composite marble & Quartz, etc. To provide a complete bathing solution to its customers, the Company added CP Fittings and Faucets to its sanitary division.<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian Granito India Limited (AGIL) has completed a major expansion at its subsidiary, Crystal Ceramic Industries Private Limited (Crystal Ceramics). Crystal Ceramics added brown field expansion of 12,000 Square meters per day in a new production line of Glazed Vitrified Tiles at its Mehsana Plant in Gujarat. Crystal Ceramics Industries Limited has invested Rs. 25-Crore […]<\/p>\n","protected":false},"author":2,"featured_media":13538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sb_editor_width":"","footnotes":""},"categories":[7],"tags":[668,59],"class_list":["post-13537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-asian-granito","tag-business"],"relative_dates":{"created":"3 years ago","modified":"3 years ago"},"yoast_head":"\nAsian Granito subsidiary completes major expansion - The Purbottar<\/title>\n<meta name=\"description\" content=\"Asian Granito India Limited (AGIL) has completed a major expansion at its subsidiary, Crystal Ceramic Industries Private Limited (Crystal Ceramics).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thepurbottar.in\/asian-granito-subsidiary-completes-major-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asian Granito subsidiary completes major expansion - 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