Orient Bell Limited has announced on-time completion of two of its projects involving CAPEX of ~Rs. 20 Crore:
GVT Tile plant at Sikandrabad (U.P.) – increase in capacity by 0.7 MSM p.a.
“Consumers are progressively preferring larger and more high value products like vitrified tiles. To be able to cater to this shift in demand, we too are allocating more and more resources in development and production of these new age products. Very pleased to announce that as committed, we have yet again delivered our two marquee CAPEX projects at Sikandrabad and Dora well ahead of schedule and within the CAPEX agreed” Aditya Gupta, CEO of the Company commented.
