Morbi raises product prices by 10-15% due to increased production cost
Tiles

Morbi raises product prices by 10-15% due to increased production cost

Morbi, the largest cluster of the ceramic tiles industry in India, has decided to increase its product prices by nearly 10-15%.

The new costs would be in effect from 1st September 2021. The group decided to raise the prices because of the increase in the cost of production like raw materials, coal, natural gas, transportation.

Gujarat Gas Limited (GGL) increased the natural gas cost provided to Morbi and Surendranagar's sanitaryware and ceramic units. GGL hiked the minimum guaranteed offtake (MGO) rate for three months to 4.37 per SCM ( excluding taxes).

Nearly 100 vitrified tile making units have been closed to improve production. Starting September 1, additional 200 units manufacturing wall tiles would be shut for a month.

Mukesh Kundariya, president of vitrified tiles division, Morbi Ceramic Association (MCA), told the media that prices for vitrified tiles have increased by Rs 2 per square foot.

Nilesh Jetpariya, president of, wall tiles division, MCA, said the wall tile price is increased to Rs 15 per box with every box holding 10 foot wall tiles. One box of wall tiles costs Rs 100.

The Morbi tiles industry covers 800 tile factories, and their polished tiles are the most exported products from other types of tiles.

Every year, 20 new factories are developed, and the number grows each year.

Image Source


Also read: Ceramic tiles industry: China’s loss is India’s gain

Morbi, the largest cluster of the ceramic tiles industry in India, has decided to increase its product prices by nearly 10-15%. The new costs would be in effect from 1st September 2021. The group decided to raise the prices because of the increase in the cost of production like raw materials, coal, natural gas, transportation. Gujarat Gas Limited (GGL) increased the natural gas cost provided to Morbi and Surendranagar's sanitaryware and ceramic units. GGL hiked the minimum guaranteed offtake (MGO) rate for three months to 4.37 per SCM ( excluding taxes). Nearly 100 vitrified tile making units have been closed to improve production. Starting September 1, additional 200 units manufacturing wall tiles would be shut for a month. Mukesh Kundariya, president of vitrified tiles division, Morbi Ceramic Association (MCA), told the media that prices for vitrified tiles have increased by Rs 2 per square foot. Nilesh Jetpariya, president of, wall tiles division, MCA, said the wall tile price is increased to Rs 15 per box with every box holding 10 foot wall tiles. One box of wall tiles costs Rs 100. The Morbi tiles industry covers 800 tile factories, and their polished tiles are the most exported products from other types of tiles. Every year, 20 new factories are developed, and the number grows each year. Image Source Also read: Ceramic tiles industry: China’s loss is India’s gain

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?