Fastest growing tile, ceramic & sanitaryware companies in India

They lay the foundation for a sturdy base. Thats probably why the Indian tiles industry has so far weathered the slowdown in the economy, as it has been able to maintain a growth of 15 per cent per annum in the last few years. Investments in the last five years have aggregated over Rs 5,000 crore. At the end of the financial year 2011-12, the overall size of the Indian ceramic tile industry is approximately Rs 18,000 crore. Production during 2011-12 stood around 600 million square metre. The main product segments are the wall tile, floor tile, vitrified tile and industrial tile segments. The market shares (in value terms) are 20 per cent, 23 per cent, 50 per cent, and 7 per cent respectively for wall, floor, vitrified, and industrial tiles.The industry continues to be dominated by unorganised players, who constitute nearly 60 per cent of the market size. The organised sector comprises approximately 14 players with their current stake of about Rs 7,200 crore. India holds the third position in the consumption and production of tiles in the world during 2010. However, the country’s per capita consumption of tiles is 0.46 and it holds the 30th position in the world on this front. UAE and Saudi Arabia with 12.1 and 6.71 tiles hold the first two positions in per capita consumption in 2010.Of the total world ceramic tile production of 9,515 million sq m, India contributed 600 million sq m. The industry’s growth rate of 15 per cent, is above the global average of 11 per cent and the fact that a significant portion of the Indian market includes unorganised players points to tremendous growth prospects in the country. The icing on the cake for the Indian tile industry is that the demand from end users in the housing, retail, IT and BPO sectors is witnessing an unprecedented boom in recent times.