Discount in Gas Price under the Gas Sales Agreement
Indian Tiles
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Indian Tiles
Ceramic Tile, Porcelain Tile, Wall Tile, Floor Tile, Bathroom Tiles, Wall Cladding Tiles, Kitchen Tiles, Elevation Tiles
Gujarat government’s move to reduce prices of piped natural (PNG) for industrial users has given a new lease of life to?to ceramic industry in Morbi, which was reeling under slow down and fierce competition from China.
Reduction in production cost as a result of gas price cut is?expected to provide a much needed cushion to India’s largest?cluster of ceramic units to face Chinese onslaught and slowdown to some extent.
Ceramic tile manufacturers of Morbi estimate around 10% decrease in their production cost with gas prices coming down. The Gujarat government had on Wednesday slashed prices of piped natural gas prices by Rs 5 per cubic meter.