Project Report For Marble tile
Project report for Marble tile is as follows.
The use of marble and ceramic tiles in house renovations has grown in popularity in recent years. It will have a profound effect on the look and feel of your home’s interior and exterior. The Indian tile sector continues to grow at 15% per year, despite the country’s sluggish economy.
In the previous five years, around Rs. 5000 crores had been invested. Rs 18,000 crore is projected to be the value of India’s ceramic tile industry Production figures for the 2017-18 fiscal year are over 1600 million square metres.
Structured and unorganised sectors exist in the Indian marble and tile industry. The integrated market has around 14 participants. Currently, the organised sector is valued at roughly Rs 7,200 billion.
About 60% of the total market is unorganised, showing the enormous development potential of this sector. India is one of the world’s top three producers of marble and tile. With diligent planning and quality control, we may significantly improve our existing export contribution.
Our varied consumer base sees marble & Ceramic Tiles as sanitary goods first and foremost, notwithstanding their aesthetic appeal. With its vast range of uses, from bathrooms and kitchens in Indian households to medical centres, labs and milk booths, and public facilities such as shopping malls, it is clear that this is a product that can be used in a wide variety of settings.
In the eyes of the public, ceramic tiles are a “utility commodity.” Marble & Ceramic Tiles are progressively replacing mosaic and even granite or marble in popular home projects for various reasons, including their simplicity of installation, adaptability, low cost, and hygiene.
Regardless, Marble and Ceramic Tiles have always had a significant artistic component. Ceramic tiles are sometimes used as an “adornment” to brighten up otherwise “drab” floors or walls, as seen by the industry’s heavy churning out of bolder and more cheerful styles.
Market potential & Strategy
The popularity of marble and ceramic tiles has increased to the extent that they currently account for around 680 million square metres of yearly demand. As a result, the opportunity looks enormous, especially given the recent rise in the accommodation, retail, IT, and BP() industries.
Ceramic tiles in India are being driven by a construction boom and government regulations that promote the expansion of the housing industry. The retail growth in India has also had an impact on the demand for high-end goods. A positive outlook for the Indian economy has had a significant effect on the ceramic tile sector in India.
Commercial tiles fall into four categories: wall and floor, vitrified, and industrial. In terms of volume, wall, floor, vitrified, and industrial tiles account for 20%, 23%, 50%, and 7% of the market. The tiles are available in a variety of designs, textures, and surface effects.
Whether you’re looking for a rustic look or a sleek, mirror-like surface, these tiles will fit the bill. Conventional manufacturing methods (tunnel) and the more contemporary single rapid-fire technologies are employed in processing.
While capital expensive, the sector has the uncommon distinction of being primarily indigenous, with an abundance of raw materials, technological skills, and infrastructure resources available. The industry employs more than 5.5 million people.
A further 5,00,000 people are either directly or indirectly employed. The market for marble and ceramic tiles in India is enormous, given the country’s per capita consumption.
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