ARTIFICIAL GRANITE TILES
| Capacity
|
656700 Sq. Ft/Annum
|
Plant and Machinery cost
|
148.00
Lakhs
|
| Working Capital
|
0.00
|
Rate of Return (ROR)
|
42.00
%
|
| Break Even Point (BEP)
|
55.00
%
|
TCI
|
342.00
Lakhs
|
| Cost of Project
|
342.00Lakhs
|
Description:
Artificial marble or granite having excellent aesthetic properties, patterns and tonalities cannot be found in natural materials. The artificial granite solid material has an excellent machinability, workability, and physical properties (strength), as well as good-looking textures (inorganic material like appearance, expressing by itself heaviness, hardness, and thickness; exhibits a very granitic look as a whole) with an ornamental and luxurious appearance.
Granite was recently rated the top performing kitchen countertop material by a leading consumer magazine when compared with engineered stone (an excellent countertop material), butcher block, ceramic tile, stainless steel and other manufactured surfaces. It is also more hygienic (tied with quartz) than all other surfaces. One of the hardest and strongest materials in nature, granite originated from the earth's core as liquid magma. Extreme heat and pressure forged the quartz, mica, feldspar and other minerals into a very dense structure millions of years ago. Additional heat and pressure resulted in the myriad, fascinating combinations of color and pattern as well as the many outstanding qualities of out granite.
Marketability of artificial granite tiles is mostly governed by its aesthetic properties, which cannot be subjected to quantitative measurements. The aesthetic properties include colour, pattern, surface appearance, texture, and workmanship, Granite Slab and Tiles are mainly used for wall paneling and facades
Artificial granite tiles are used for facing flooring and wall skirting in domestic and commercial building including hotels and community buildings, so the consumption of granite slab and tiles is pre dominants in diversified end-user industries and as a consequence, there in variably exist a great demand-supply gap will need to be filled up. Hence a new entrepreneur will ever find this trade a profitable.
The construction industry is the second largest industry in India after agriculture. It accounts for about 11% of India’s GDP. Construction constitutes 40% to 50% of India's capital expenditure on projects in various sectors such as highways, roads, railways, energy, airports, irrigation etc. There are mainly three segments in the construction industry like real estate construction which includes residential and commercial construction; infrastructure building which includes roads, railways, power etc; and industrial construction that consists of oil and gas refineries, pipelines, textiles etc. Many naturally occurring substances, such as clay, sand, wood and rocks, even twigs and leaves have been used to construct buildings. Apart from naturally occurring materials, many man-made products are in use.
The Commonwealth Games - 2010 in New Delhi have thrown mega opportunities for Building Material Companies, Construction Equipments & Technologies companies. The Govt. of India has permitted FDI up to 100% for development of integrated townships in India last year. India is now the second most favored destination for FDI, behind China. A large and growing middle class population of more than 300 million people, a changing life style, better cost of living etc is growth drivers for this sector.
There is a good opportunity and scope for new players to venture into this field.