Hon'ble CM opens German ceramic manufacturer Duravit plant

Published By : Admin | September 22, 2010 | 12:07 IST
Share
 
Comments

Expanding its footprint in India, Duravit India Private Limited, a wholly owned subsidiary of Germany-based luxury sanitaryware manufacturer Duravit AG, launched its factory at Anand districtтАЩs Tarapur, 120 km away from Ahmedabad in Gujarat on Wednesday.

This is Duravit AGтАЩs first factory in India and 10th globally. It spreads across 170,000 square metres of land. The factory,has been set up at an estimated investment of Rs 120 crore. It will initially produce 500,000 pieces of ceramic bathroom fittings.The company has set first-year revenue target at around тВм30 million (Rs 179 crore).

The German firm had signed a MoU during the Vibrant Gujarat Global InvestorsтАЩ Summit (VGGIS) in 2007 to set up the plant with an investment of Rs.70 crore, but defied the global recessionary trend to set up the modern plant.

According to Ashutosh Shah, managing director, Duravit India Pvt Ltd, the company intends to double the capacity in the next 2 years with estimated investment of Rs 15 crore. Though the factory is set up primarily for Indian market, the company also plans to export surplus goods to Africa through Gujarat plant.

тАЬIndia is an important future market.It has a growing lifestyle consumer base due to its healthy economic development,тАЭ Chairman Board of Management Duravit Group Franz Kook said.

Gujarat Chief Minister Narendra Modi, who inaugurated the facility said that he would like Duravit AG set up a hockey institute in Gujarat as Kook is a former hockey player.

Kook had first visited Gujarat in 1962 to participate in the International Hockey Tournament as a German team player.

Shri Modi hoped that the stateтАЩs ceramic industry will reinvent itself to provide strong competition to China in the global market.

Shri Modi said the GujaratтАЩs ceramic industry is traditionally located near the Morbi industrial belt in the Saurashtra region, but it was laudable that the German sanitaryware major set up this plant in Anand district in central Gujarat.

Explore More
No ifs and buts in anybody's mind about IndiaтАЩs capabilities: PM Modi on 77th Independence Day at Red Fort

Popular Speeches

No ifs and buts in anybody's mind about IndiaтАЩs capabilities: PM Modi on 77th Independence Day at Red Fort
Government Bond Index-Emerging Market: A win-win for India and investors - Nilesh Shah

Media Coverage

Government Bond Index-Emerging Market: A win-win for India and investors - Nilesh Shah
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
PM pays tributes to Pandit Deendayal Upadhyay at Dhanakya in Jaipur
September 25, 2023
Share
 
Comments

The Prime Minister, Shri Narendra Modi today paid tributes to Pandit Deendayal Upadhyay at Deendayal Upadhyay National Memorial at Dhanakya in Jaipur. The Prime Minister said "Our government is committed to making life easier for the poorest of the poor in the country by following the principle of Antyodaya."

PM Modi posted on X :

"рдЬрдпрдкреБрд░ рдХреЗ рдзрд╛рдирдХреНрдпрд╛ рдореЗрдВ рдЖрдЬ рдкрдВрдбрд┐рдд рджреАрдирджрдпрд╛рд▓ рдЙрдкрд╛рдзреНрдпрд╛рдп рд░рд╛рд╖реНрдЯреНрд░реАрдп рд╕реНрдорд╛рд░рдХ рдЬрд╛рдХрд░ рдЙрдиреНрд╣реЗрдВ рдкреБрд╖реНрдкрд╛рдВрдЬрд▓рд┐ рдЕрд░реНрдкрд┐рдд рдХреАред рдЙрдирдХреА рдЬрдиреНрдо-рдЬрдпрдВрддреА рдкрд░ рдпрд╣рд╛рдВ рдЙрдирдХреЗ рдЬреАрд╡рди рд╕реЗ рдЬреБрдбрд╝реЗ рдЕрд▓рдЧ-рдЕрд▓рдЧ рдкрд╣рд▓реБрдУрдВ рдХреЛ рджреЗрдЦрдХрд░ рдПрдХ рдирдИ рдКрд░реНрдЬрд╛ рдХрд╛ рдЕрдиреБрднрд╡ рд╣реБрдЖред рд╣рдорд╛рд░реА рд╕рд░рдХрд╛рд░ рдЙрдирдХреЗ рдЕрдВрддреНрдпреЛрджрдп рдХреЗ рд╕рд┐рджреНрдзрд╛рдВрдд рдкрд░ рдЪрд▓рдХрд░ рджреЗрд╢ рдХреЗ рдЧрд░реАрдм рд╕реЗ рдЧрд░реАрдм рдХрд╛ рдЬреАрд╡рди рдЖрд╕рд╛рди рдмрдирд╛рдиреЗ рдХреЗ рд▓рд┐рдП рдкреНрд░рддрд┐рдмрджреНрдз рд╣реИред"