Hello all,
don’t know if this means much but was going through the Annual Report of Asian Granito India Ltd. and the following fact about their Engineered Stone division (Marble + Quartz, about INR 110 cr in Revenues in 2014-15) caught my eye:
“Cutting-edge technology: The Company uses the top-of-the-line Breton stone-cutting technology that helps retain the natural beauty of marble.”
Don’t think it means much cause it says marble and not quartz. Also, as per the wordings of the company they don’t export anything from this division and actually plan to increase imported products for sale in India. So I don’t think there is any competition for Pokarna’s quartz. But if anyone is aware of more details, please share.
Thanks
Sachit
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