Jun 18: Asian Granito india Ltd (BSE:532888, NSE:ASIANTILES) will exclusively procure the most demanded 12 x 18 wall tiles from Ivanta in Morbi. Earlier AGL used to source from four or five different companies in Morbi.
The daily requirement of these tiles is 15000 boxes and will be fully sourced from Ivanta.
lvanta ceramic has started its production on 15th June 2018 and was started with a aim to manufacture high quality wall tile with latest technology of Digital Printing. Technical collaboration along with system to operate and function which is provided by Asian Granito India Limited will help lvanta Ceramic to achieve maximum productivity with best quality of tiles.
Design which is the key parameter of the customer to choose the tile will also provided by the expert team of AGL which have wide expertise in designing of the tiles for last 17 years. In order to improve productivity and efficiency AGL production people are also present 24*7 to reduce the glitch and other technical problems which may affect the quality of the product and reduce the efficiency.
Working of the lvanta Ceramic will help AGL to reduce its dependency on many plants in Morbi and synchronic its production from one plant which will help AGL to improve its product quality and reduce the loading time. AGL will buy Rs80 crore worth of tiles from lvanta Cermaics. AGL has shifted its emphasis to Assets Light Model Approach. The company estimates huge demand for the products due to government focus on Housing for all and clean India Initiative.