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MORBI CERAMICS
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...
Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
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...
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...
Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
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.
Gujarat Gas rises 7% after Nomura upgrade. Is the Iran war a buying opportunity?Gujarat Gas shares saw a significant jump after a major brokerage upgraded the stock. The US-Iran conflict is creating supply chain disrupt...
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...
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...
‘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...
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...
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.
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 ...
- Gujarat’s ceramic makers tie up to bid for gas blocks
At least 250 Morbi, Gujarat-based, ceramic manufacturers have formed a consortium to bid for natural gas blocks, when they come up for auct...