Roca Bathroom acquires new factory in Tamil Nadu
Roca Bathroom, a manufacturer of bathroom products, has acquired a plastics factory in Sriperumbudur, Tamil Nadu.
The acquisition of the plastic factory will increase the capacity of manufacturing plastic toilet seat covers and polymer cisterns by 1 million pieces annually, taking total production capacity of Roca India’s to 4 million plastic pieces.
Commenting on this acquisition, KE Ranganathan, Managing Director of the company said, “This new facility will also help us to export our products to Roca group in countries like Australia, Turkey, Bulgaria, Malaysia and China. The facility’s proximity to Chennai port will further help us with exports.”
The company has been exporting seat covers to the group companies since 2016 and with this move, an exponential growth in exports is expected this year onwards. “The new factory’s capacity will help us meet our future growth plans. Currently, exports constitutes 5% of the total sales and with this acquisition we expect the exports to double,” said Ranganathan.