"Kajaria Ceramics Is Uniquely Positioned To Outpace Industry Performance"

KAJARIA CERAMICS posted FY25 revenue of US$ 548m (Rs 4,683 crore), with 6 per cent volume and 2 per cent topline growth. Despite industry pressures, India's top tile maker focuses on efficiency, diversification, and future market prospects, say CHETAN AND RISHI KAJARIA

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2024 was not an easy year for the Indian ceramic tile industry. What were the reasons for this?

Chetan Kajaria: While FY25 brought headwinds from weak demand, pricing pressures, and global disruptions, we see this as a short-term phase. With urbanisation, housing schemes, and infrastructure investment driving growth, the medium- to long-term outlook for India’s tile industry remains strong.

So are you confident that construction investments will return to growth soon?

Chetan Kajaria: We stay cautiously optimistic. With India’s US$ 650 billion real estate market projected to hit US$ 1 trillion by 2030, growth will be led by urbanisation and rising incomes. Our “Rebuild Kajaria” strategy ensures we are well placed to capture this momentum.

What does the “Rebuild Kajaria” strategy mean in practical terms?