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On Expansion Mode
Products

On Expansion Mode

Asian Granito India expands bathware range; to launch a range of faucets, showers and bath accessories.Strengthening its presence in the bathware segment, Asian Granito India is entering the faucets, showers and bath accessories to provide complete bathroom solutions to leverage its ...

Asian Granito India expands bathware range; to launch a range of faucets, showers and bath accessories.Strengthening its presence in the bathware segment, Asian Granito India is entering the faucets, showers and bath accessories to provide complete bathroom solutions to leverage its vast distribution reach and brand equity. The company will commence commercial operations by December 2019 with around 12-15 series and expand gradually including launching premium range in the coming time. Investments plannedThe company has invested around Rs.8-10 crore for expansion in sanitaryware recently and is investing another  Rs.6-8-crore for expanding its faucets and showers range. The company aims for AGL Bathware to become a Rs.150-200-crore brand in the next four to five years.Speaking on this occasion, Shaunak Patel and Pankaj Patel, Profit Centre Heads, AGL Bathware, said “Expansion of faucets, showers and bath accessories will complement our recently launched sanitaryware range to provide complete bathroom solutions under 'Brand AGL' along with our wide range of tiles, engineered marble and Quartz. The company is launching faucets range in the mid and mid-premium segment and will look to launch an ultra-premium range in the coming time.  Kamlesh Patel, Chairman and Managing Director and Mukesh Patel, Managing Director, Asian Granito India, said, “Our company is committed on its growth strategy to focus on asset light and capital light business model, becoming a strong retail brand in the domestic as well as exports market and achieve a leadership position in key business segments. In line with our strategy, we are investing `6-8 crore in faucets expansion; along with sanitaryware we expect AGL Bathware to become a Rs.150-200-crore brand in the next four to five years.”(Communication by the management of the company)

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Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

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Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

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Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

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