Exxaro Tiles announces expansion of manufacturing facility at Talod Plant

8 Feb 2022 , 02:41 PM

Exxaro Tiles Limited on Tuesday announced the expansion of its existing manufacturing facility situated in Unit-2 at Talod, Gujarat. The company has purchased a “SACMI CONTINUA” Technology-based Press, admeasuring 1600mm x 3200mm imported from ITALY to manufacture large glazed vitrified tiles/slabs.

The total Capex for the expansion would be approximately Rs30cr. Notably, our Talod manufacturing facility is the largest manufacturing plant of glazed vitrified tiles under a single roof in India.

At around 2.45 pm, Exxaro Tiles Limited was trading at Rs127.35 per piece down Rs1.70 or 1.32% on the BSE. 

The new installation will apply the best latest available technology and manufacturing process in terms of industrial performance, safety and respect for the environment. Expanded product categories would enable the Company to further strengthen brand “EXXARO”.

The investment is fully in line with our strategic plan to improve operating efficiencies and growth plan through technology enhancements alongside state-of-the-art manufacturing infrastructure.

The new installation will manufacture large size glazed vitrified tiles/slabs admeasuring 9mm/20mm with thickness in various sizes of 800*2400, 800*3000, 800*3200,1000*2000.

“Currently, we have two state-of-the-art manufacturing facilities which are located at Padra and Talod respectively in Gujarat. The new large sized tiles / slabs manufacturing is expected to be commenced in the first quarter of FY 2022-23. The new installation, coupled with the existing setup, is capable of doubling the Company’s output (in value terms), at optimum level,” company said in a regulatory filing on Tuesday.