Sanitaryware

Hansgrohe to expand India capacity, aims 10% global sales share by 2030

This comes around the time when demand for luxury houses is growing in India, giving a larger push to the bathroom fittings market

Hindware inaugurates ₹170 cr piping products plant in Uttarakhand's Roorkee

Hindware on Tuesday said it has inaugurated its third manufacturing facility at Roorkee in Uttarakhand. The new facility will manufacture a wide range of CPVC, UPVC, SWR and PVC pipes and fittings, as well as overhead water storage tanks, the company said in a statement. Truflo is the brand from Hindware in the plastic pipes and fittings segment. The plant, backed by an investment of approximately Rs 170 crore, will have an initial capacity of 12,500 tonnes per annum (TPA). With this addition, the company's total annual production capacity, including the existing Sangareddy unit, rises to 80,500 TPA. Strategically located to serve North and West India, the Roorkee plant is expected to enhance Truflo's manufacturing footprint and distribution efficiency. It will also generate around 200 direct and indirect jobs. This expansion reinforces our commitment to quality and strengthens our leadership in the plastic piping market, said Sandip Somany, Chairman, Somany Impresa Group. The .

Budget 2025: Sanitaryware players seek GST rationalisation on products

Sanitaryware players expect the government to focus on rationalising GST rates on sanitaryware products to make them more accessible and encourage sustainable construction practices through policy measures in the Union budget for the next fiscal. The Union Government is set to present the FY 2025-26 budget on February 1. The industry is of the view that such measures will not only benefit the sector but also align with India's environmental goals. The upcoming Union Budget presents an opportunity to strengthen these sectors through thoughtful reforms and investments. By addressing accessibility, sustainability, and infrastructure needs, we can collectively enhance living standards and contribute to India's long-term economic progress the board, Priya Rustogi, Leader India & Subcon, Lixil Water Technology (LWT) IMEA said. The industry expects that the government will focus on rationalising GST rates on sanitary ware products to make them more accessible, Rastogi said. Industry ...

Venus Pipes IPO subscribed 2.3 times on first day of offer, raises Rs 49 cr

The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening on Wednesday. It closed with 2.37 times subscription on the first day

Cera to invest Rs 200 crore in sanitaryware, faucetware expansion

Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit

Cera Sanitaryware zooms 12%, hits new high on healthy outlook

Last month, rating agencies Care Ratings and Crisil Ratings had reaffirmed the bank facilities and commercial paper of CSL with a stable outlook

Spanish sanitaryware firm Roca plans Rs 50-cr capital expenditure in India

The company will invest about Rs 50 crore in expansion while planning a greenfield project in 2024-25 in India

Budget 2021: Sanitaryware industry seeks tax rationalisation to push demand

The GST for sanitaryware is at 18 per cent, and a reduction of the rate will help increase demand, he added

Sanitaryware industry urges Centre to cut GST to 5%, help improve hygiene

The manufacturers hoped that the Union Budget, which is slated to be presented on Friday, would pave the way for the GST Council to take the measure

Rising affluence push smart bathroom, toilet penetration

Jaquar, Kohler, Cera Sanitaryware turn bullish on a segment whose share has risen to 10% from single digits