Chemicals sector projects by RAK Ceramics in Multi Locations
Project Information
6331
RAK Ceramics
UAE-based vitrified tile maker RAK Ceramics plans to invest Rs 75 crore in a year to boost its production capacity in India. While Rs 50 crore would be invested to acquire a majority stake in an already existing plant in Morbi in Gujarat, the remaining investment wwould be made to increase the capacity of the company's existing plant at Samalkot in Andhra Pradesh. The company also plans to set up a greenfield plant either in Rajasthan or Gujarat in the future. RAK Ceramics is an international consumer ceramics company based in the Persian Gulf sheikhdom of Ras Al Khaimah, a member of the UAE.
Project Value
INR 75 Crore /-
Conceptual
Multi Locations
Multi State
India
Chemicals
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