The Gujarat-based City Tiles expects to grow by 20 per cent this year on the back of a robust growth in the construction industry. Going hand in hand with the growth of construction in urban areas, the floor tile industry has been growing at 20 per cent. With more urbanisation, it is expected to grow further.
City Tiles has launched a new range of vitrified tiles. These tiles are to be marketed in the metros, starting with Mumbai. The technology and machinery for these tiles have been imported from Italy with a total investment of Rs 50 crore.
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| Posted : 7/3/2006 |
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