Business Standard

Cera to invest Rs 200 crore in sanitaryware, faucetware expansion

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

Vikram Somany, Chairman and Managing Director, Cera Sanitaryware
Premium

Vikram Somany, Chairman and Managing Director, Cera Sanitaryware

Vinay Umarji Ahmedabad
Ahmedabad-based Cera Sanitaryware Limited is set to expand its sanitaryware and faucetware manufacturing capacity in two phases for a capital expenditure (capex) of nearly Rs 200 crore.

The Board of Directors on Tuesday approved the capex of around Rs 197 crore for the company's expansion plans including a greenfield sanitaryware plant and a brownfield faucetware unit. Currently, Cera Sanitaryware Ltd. has a sanitaryware capacity of 2.5 million pieces per annum (mppa) and faucetware capacity of 3 mmpa. The company informed exchanges that the existing capacity utilisation is close to 90-100 per cent.

The expansion plan includes a greenfield plant with an initial

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in