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Asian Granito India completes land acquisition for three greenfield manufacturing plants

Thursday, 19 May 2022
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Asian Granito India (AGL) has completed land acquisition for all its three upcoming greenfield manufacturing plants in Morbi, Gujarat. 
 
The company plans to commence civil works including site development, building, construction and engineering works at the three manufacturing sites soon. 
 
Under the mega expansion plans, the company plans to set up three state-of-the-art manufacturing facilities at Morbi, Gujarat in value added luxury surfaces & bathware segments including GVT tiles, sanitaryware and SPC flooring. 
 
The company is also setting up one of the India’s largest display centre at Morbi. The company has acquired 69,506 sq mtr for Future Ceramics plant, 18,715 sq mtr for AGL Surfaces Plant and 45,122 sq mtr for AGL Sanitaryware plant respectively. 
 
AGL is expected to generated sales of Rs 1,000 - 1,200 crore per annum from the three plants and display centre.
 
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