India’s leading tiles brand Asian Granito India Limited (AGIL) is eyeing exponential growth from exports business in the current fiscal. Company expects to clock export business of around Rs. 350 – 400 crore in the current fiscal of FY21-22 and also aims to expand its business network in over 120 countries from 100 currently.
For FY20-21, consolidated export sales for the company was reported at Rs. 216 crore. Anti-China sentiments, lower duties on export to USA, robust export orders from USA, Europe, UK and Middle East are driving the export business in the current fiscal and it is expected to get further momentum in coming months. Asian Granito is one of the largest tiles exporter among organised players from India. Mr. Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd said, “All larger players in the industry are currently working at a capacity of 80-85% due to robust export orders from USA, Europe, UK and Middle East markets. All plants of Asian Granito are currently working at 95% plus capacity utilization.”
