'Ceramic tiles industry to witness nearly 9% demand growth this year'

Our Bureau
Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics. -- Debasish Bhaduri
Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics. -- Debasish Bhaduri

The Rs 26,500-crore ceramic tiles industry in India is set to witness nearly 9 per cent growth in demand this year, higher than the 3-5 per cent growth recorded last year.

According to Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics, initiatives such as affordable housing and building of smart cities will drive the growth.

"We expect demand growth to be good this year due to various government initiatives such as affordable housing and smart cities," he said.

(This article was published on July 24, 2017)
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