Acrysil Limited Announces Capacity Expansion of Quartz Kitchen Sinks by 100,000 Units P.A
August 25, 2020 at 07:41 am EDT
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Acrysil Limited has announced that the Company is expanding its production capacity of its Quartz Kitchen sinks by 20% through brownfield expansion at its Bhavnagar plant in Gujarat. The propose capex will increase the manufacturing capability of Quartz Kitchen sinks by approx. 1,00,000 units p.a. to 6,00,000 units p.a. The purpose of the expansion is to meet the increasing demand from the export market. Currently Acrysil exports to over 55 countries and plan to expand further by acquiring newer customers and penetrating in newer geographies. Exports business as on 31st March 2020 stood at INR 1,570 million, contributing 73% of the total Revenue.
Carysil Limited (Carysil) is an India-based company. The Company engaged in the manufacturing and trading of quartz kitchen sinks, stainless steel kitchen sinks, faucets, food waste disposer units, bath products, tiles, kitchen appliances and accessories, such as hobs, cooktops, ovens, wine chillers and dishwashers. The Company operates under the brand name CARYSIL. The Company provides a range of bathrooms and kitchens products. Its brands include Sternhagen and Carysil. Sternhagen offers Quartz models for basins for bathrooms. Carysil offers Quartz Antibacterial Sinks and Stainless-Steel integrated worktops. It also offers chimney with motion sensor, oil collector and auto-cleaning. It serves the customers in approximately 58 countries, including United States, United Kingdom, Germany, France, Canada, China, the Far East and Gulf Countries.