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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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FY26 profit sees marginal growth ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Hilton ties up with Royal Orchid Hotels to add 125 hotels Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Granules India to tighten oversight after US FDA warning, exec says Wow! 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Ceramic industry expects demand to pick up post-West Asia war
2026-04-27 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

The ceramic industry is undergoing a significant transformation, transitioning from cost-driven manufacturing to a more value-oriented approach as it expects the global demand to rebound after the war in West Asia ends.

Storico Ceramica, a Morbi-based porcelain and large format slab tiles manufacturer, has renewed its focus on exports. Established in 2023, the company has a production capacity of 57,600 square metres per day. The company targets to address bulk export requirements while maintaining consistency, an essential factor for large-scale global projects.

Ceramic manufacturers are increasingly tailoring their offerings to match global construction and design trends. This includes larger tile formats, enhanced durability and finishes suited to modern architectural preferences.

Such alignment is helping exporters move up the value chain and compete more effectively in international markets, said the company. India has established itself as a major exporter in the ceramic segment, backed by strong manufacturing capabilities, cost efficiency and an integrated supply chain.

Over the years, exporters have expanded their presence across key markets, including West Asia, Africa, Latin America, and parts of Europe. The export demand for ceramics is expected to increase once the West Asia war ends and logistics bottlenecks are removed. Growth has largely been driven by the ability to meet high-volume demand, offer competitive pricing, and maintain flexible production systems tailored to diverse market requirements.

However, intensifying global competition is prompting a strategic shift toward value creation rather than volume-led growth.

A substantial portion of India’s ceramic output originates from Morbi, Gujarat, widely regarded as the backbone of the country’s ceramic manufacturing ecosystem.

The cluster benefits from a dense concentration of manufacturing units, access to raw materials, a skilled workforce, and well-developed logistics infrastructure. In recent years, manufacturers in the region have increased investments in advanced machinery, design innovation and process optimisation.

The transition is enabling Morbi based factories to cater to premium segments and meet evolving international quality standards, positioning the region as a globally competitive manufacturing hub.

Key expectations in the export market include consistent product quality, alignment with contemporary design trends, reliable delivery schedules and transparent communication.

Published on April 27, 2026