Simpolo Group's Rs. 1,000 crore expansion, serving as a catalyst for a new era in India's Ceramic Industry
National, 3rdApril-2024: Simpolo Group, a pioneering force in the ceramic industry, is proud to announce an expansion that will triple its existing capacity, a huge leap in India's ceramic industry. With an investment of over ~ Rs. 1,000 crore over the next two to three years, the group is embarking on a transformative journey, setting the stage for two ground-breaking manufacturing facilities strategically located across the nation.
“Mr. Jitendra Aghara, CMD of Simpolo Group," remarked, "The unveiling of our Rs. 1,000 crore expansion plan marks a pivotal moment in Simpolo Group's illustrious, 30-year-old journey.
With the establishment of the Malia and Naidupeta plants, we are poised to consolidate our position in the Indian ceramic industry. Our conviction in innovation, quality, and customer satisfaction remains unwavering, and we are confident that these state-of-the-art facilities will set new benchmarks for excellence, showcasing the opportunities we see in the future of the tile industry and real estate growth in India. "As the Chief Marketing Officer of Simpolo Group," Mr. Bharat Aghara expressed, "I am thrilled about the expansive opportunities presented by our latest expansion initiative.
With increased production capacities and a commitment to delivering cutting-edge designs, we are poised to meet the diverse needs of our esteemed customers while maintaining our competitive edge in the market. This expansion will help us penetrate new geographies and product segments. Additionally, Simpolo Group's subsidiary, Nexion, currently operates a facility in Morbi with a robust production capacity of 6.6 million square metres per annum.
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