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business | IST

Jump in tile exports likely to continue, says Somany Ceramics

Abhishek Somany, Managing Director of Somany Ceramics said there has been an upsurge in tile exports and expects it to continue.

Abhishek Somany, Managing Director of Somany Ceramics said there has been an upsurge in tile exports and expects it to continue.
“With this pandemic hitting a lot of the other countries, which were completely reliant on China, are trying to hedge their bet and trying to get alternate sources. India being the next most competitive tile making nation in the world, we get the preference. So there is an upsurge in exports, and this would continue,” he said in an interview with CNBC-TV18.
He believes exports are in focus right now. “Not so much for branded players such as us and some of the other bigger branded players because we get a premium for our brand in India,” he said.
Exports account for 5-7 percent of company’s revenues.
As far as ceramics industry is concerned, he believes last year Rs 10,500 crore of Rs 30,000 crore ceramics ware was exported. “This year, in June, July, August and September months, the export number is close to Rs 7,000 crore,” Somany said.