Varmora Granito Private Limited, one of India’s leading tile and bathware brand is setting up two state-of-the-art high-tech plants at Morbi in Gujarat. Company is planning to invest around Rs. 300 crore in 35,000 sq meters per day facility for large format GVT tiles. The company expects the plants to be fully commercial operations by April 2021 and will generate 1,200 direct & indirect employment opportunities. Celebrating 25 years of innovation, design and technology, the company has set a target of Rs. 1,600-crore revenue in the next 2-3 years.
Virtual stone laying ceremony of the new plants was conducted at the hands of Chief Minister of Gujarat, Shri Vijaybhai Rupani on October 27 in Gandhinagar, Gujarat. Additional Chief Secretary, Industries and Mines, MK Das was also present during the ceremony.
Varmora Granito is ranked amongst top tile and bathware brand in India and manufacturing a wide range of wall and floor tiles, slabs, sanitaryware, faucets and kitchen sinks. With 11 plants, company’s installed production capacity stands at 1.1 lakh sq. mtr. per day. Company has a strong presence in domestic market with 7,000 plus touch points including dealer & sub-dealer network, over 250 exclusive showrooms and 15 overseas showrooms. For the FY20 company reported sales of Rs. 1100 crore.
