RAK Ceramics to invest in tile plants in Gujarat and Andhra Pradesh, India

By Nilima Choudhury
Published: Thursday, 22 May 2014

The soaring real estate sector in India represents an opportunity for companies like RAK Ceramics, the world’s largest tile producer, but also for other end markets for industrial minerals and producers themselves.

Abu Dhabi-based Ras Al Kaimah (RAK) Ceramics is to invest Indian rupee (INR) 300 crore ($51.133m*) in India in response to the newly-elected government’s plans to boost the tile industry.

The company, the largest tile producer in the world, intends to construct a new plant in Gujarat as well as...

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