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MORBI CERAMIC ASSOCIATION
Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...- West Asia war: Morbi-Thangadh ceramic clusters gasp for gas, units shut, losses mountSince the beginning of the war, these two clusters are struggling due to a shortage of propane, with many units closing shops.
- Indian tile makers feel heat of Mideast war energy crunchBlazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in...
- RBI takes stock, asks banks to detail West Asia exposureThe Reserve Bank of India is assessing bank exposure to West Asia. This move follows the Iran war's impact on global bonds and energy suppl...
- India's ceramics and tiles industry faces shutdown as Middle East conflict disrupts fuelMorbi's massive ceramics industry is in crisis. Fuel shortages are forcing factories to halt production. Exports to the Middle East have st...
- Iran war impact: Fuel crunch shuts 50 ceramic units in Gujarat's MorbiDozens of ceramic factories in Morbi, Gujarat, have halted production. Fuel suppliers Gujarat Gas and Indian Oil Corp have stopped supplies...
- Kajaria founder delegates key managerial roles to sons Chetan Kajaria and Rishi KajariaAshok Kajaria, Chairman of Kajaria Ceramics, has delegated major responsibilities to his sons. Chetan Kajaria is appointed Vice Chairman, a...
- MRPL and CPCL set to report strong Q3 results amid rising global rates: Yogesh PatilContainer freight rates are still much-much higher as compared to the last year. Thirdly, credit period crunch is also one more issue based...
- Fear of coming change in US sends shock waves down Morbi's famed tiles clusterTiles companies allege that a minimum of 25% of US orders have been suspended, with potential for further halts following the petition for ...
- Morbi's ceramic industry puts glaze on Gujarat growth story, set for further growth: Industry experts"In the run up to the Vibrant Gujarat Global Summit 2024, the state government has organised the Vibrant Gujarat-Vibrant District event. Th...
- Russia-Ukraine conflict: Surge in LNG prices deals blow to power units & refineriesThe price of LNG in the spot market jumped from $6 per million metric British thermal unit (mmbtu) in January 2021 to $35 this January, and...
- Container crisis, spiralling freight rates to hit exportsContainer shortage has further added to the woes of exporters as finding empty containers is also a daunting task, said exporters, alleging...
- The only PSU stock flying high holds promise to rise furtherA month ago, the stock had 12 ‘strong buy’ and 10 ‘buy’ recommendations.
- Green shoots of GST benefits in building materials; go grabMarket experts say the ongoing quarter will be soft for building material companies.
- Ceramic industry to double turnover to Rs 50,000 crore by 2020To attract more business and global customers, Gujarat- based Morbi Ceramic Cluster, a leading player, is organising the second edition of ...
- Sluggish diamond, ceramic business fueling Patel unrestAbout 40 per cent of small and medium enterprises in Gujarat are controlled by Patels, who constitute around 15 per cent of the state's pop...
- Impossible to supply PNG any cheaper to ceramic units: Gujarat governmentGujarat government said it was not possible to supply piped natural gas (PNG) at the prices demanded by the ceramic units' in Morbi in the ...
- Ceramic industry to shut shops from midnight on gas price hikeThe Association has claimed that the state-run Gujarat State Petroleum Corporation (GSPC) has hiked gas prices by a whopping 130% in 2 yrs.
- Gujarat’s ceramic makers tie up to bid for gas blocksAt least 250 Morbi, Gujarat-based, ceramic manufacturers have formed a consortium to bid for natural gas blocks, when they come up for auct...
- Ceramic tile makers look to Middle EastMorbi is engulfed. After emerging as a clock and tile hub for the country, the ceramic town is taking a stride towards the Middle East whic...
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