Asian Granito India forays into sanitaryware
Asian Granito India Limited (AGIL), a tiles manufacturer, has entered in the sanitaryware segment with ‘Outsourcing Model’, the company said in a media release.
It will invest around Rs 8 crore towards its expansion in the sanitary segment and is targeting turnover of Rs 80-100 crore business from the segment over next 4-5 years.
Mukesh Patel, managing director of the company said, “We are entering sanitaryware with 160 SKUs in Wash Basins, Water Closets (WC), Urinals, etc and expand the product range gradually. AGL Sanitaryware will launch commercial operations in June 2019 pan-India.”
The company will set up its own manufacturing facilities in the second phase. It is launching Sanitaryware in the mid and mid premium segment.