Stile statement

27 May 2024 CW Team

India is now the world's second-largest ceramic tile producer in the world and the industry is poised for robust growth – it is expected to grow at a CAGR of 13.54 per cent to reach $17.36 billion by 2029. The current size of the organised sector is about Rs 72 billion while the unorganised sector accounts for nearly 60 per cent. That said, superior quality, a wide range of classic designs, competitive pricing and adoption of the latest technologies combine to make India a force to reckon with in the global ceramic market.

Demand drivers

Key demand drivers for the sector include rising urbanisation, increased construction, and renovation, rising disposable incomes and growing consumer preferences for durable, aesthetically appealing flooring options. Additionally, advancements in tile technology and the expanding availability of diverse designs also fuel market growth...

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Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

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Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

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Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..