A major factor is the rapid development of the middle classes which already make up half of the country’s population.
The Indian company Motto Tiles will use CMF solutions for its new porcelain panel production plant.
The expansion project at the facility in Gailpur, Rajasthan, is expected to be completed soon.
The Indian construction industry is set to expand at a compound annual growth rate of 4.16% from now to 2021, an improvement on the 3.95% annual growth recorded over the period 2012-2016.
The Morbi-based company has initiated an expansion programme with the installation of System’s LAMGEA press.
The company has seen a sharp rise in orders for Tech Tower plants and complete lines for handling extra-large sizes.
The next Indian Ceramics & Ceramics Asia will be held from 7 to 9 March 2018 in the more spacious exhibition centre in Gandhinagar (Gujarat).
In November, Simola Tiles will start up a Lamgea 22000t press for the production of ceramic panels in sizes up to 120x240 cm and with thicknesses from 6 to 20 mm.
At its facility in Morbi, India, Lioli Ceramica will install a large plant for the production of large-format tiles.
More than 15 dry colouring systems have been supplied to leading Indian companies in the last two years.
This year the Indian economy has once again maintained growth levels above 7% and investments in infrastructure remain the main growth driver. The Indian government is expected to allocate 3-4% of the country’s GDP to infrastructure investments to ensure annual economic growth of between 7% and 8%.
The 12th edition of the show set a new record in terms of attendance, attracting a total of 7,110 visitors from 27 different countries (12% more than 2016).