Nitco Tiles to expand its business operations in India and abroad

Nitco Tiles a leader in flooring solutions is said to be planning to expand its business operations in both domestic and international markets.

If it expansion plans are met with target then it might achieve a whooping Rs 700-crore turnover.

The company is planning to achieve an overall market share of 17 per cent in ceramic tiles segment and 22 per cent in vitrified tiles segment.

In Kerala alone it is targeting market share of 15 per cent in ceramic tiles segment and 20 per cent in vitrified tiles segment.

Besides achieving market share it is also planning to set up two showrooms one each in Dubai and Abu Dhabi.

To meet the growing demand of tiles in domestic market and international market it is planning to double the production capacity.