MSMEs to bear bigger hit than large firms from West Asia conflict: CrisilThe ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Ant...
02 Jun, 2026, 07.33 PM IST
From factory floors to design studios: How India’s ceramic industry in Morbi is reinventing itselfIndia's ceramic tile industry, particularly in Morbi, is shifting from a volume-focused model to prioritizing design, quality, and global a...
07 May, 2026, 08.10 PM IST
DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
28 Apr, 2026, 09.15 AM IST
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.
17 Apr, 2026, 02.42 PM IST
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...
01 Apr, 2026, 12.53 PM IST
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...
06 Mar, 2026, 05.24 PM IST
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...
06 Mar, 2026, 12.29 AM IST
Buy Somany Ceramics, target price Rs 660: HDFC SecuritiesHDFC Securities recommends buying Somany Ceramics with a target price of Rs 660. Despite challenges from low-priced competitors and volatil...
26 Mar, 2025, 09.31 AM IST
‘Morbi’ effect: Anand Mahindra shares how Indian ‘bahubali’ businesses can compete with ChinaAnand Mahindra has praised Morbi in Gujarat for its booming ceramic industry. Morbi produces 90% of India's ceramics and 13% of the world's...
08 Mar, 2025, 11.26 AM IST
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 ...
01 Jun, 2024, 01.33 AM IST
Oravel Stays to launch self operated premium hotels under the Palette brandThe company said to ensure 'enhanced' guest experience and service delivery, it will take direct operational control of select Palette hote...
07 Mar, 2024, 04.23 PM IST
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...
22 Dec, 2023, 04.13 PM IST
RAK Ceramics in talks for acquisition in MorbiRAK Ceramics, is considering buying a tile manufacturer in Morbi. The acquisition is pegged at Rs 100 crore.
05 Jun, 2014, 02.46 PM IST
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.
27 Nov, 2013, 04.49 PM IST
Somany to pick up stake in two Morbi-based companies soonTile maker Somany Ceramics today said it would pick up stakes in two Morbi-based companies.
02 Aug, 2013, 10.09 PM IST
- Somany Ceramics plans to invest Rs 150-200 crore in next five years
Tile manufacturer Somany Ceramics Limited on said that it is looking for acquisition, raising stake in existing joint ventures and setting ...
23 Aug, 2012, 05.02 PM IST
- Ceramic tile makers look to Middle East
Morbi 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...
16 Sep, 2006, 01.39 AM IST