FY19 will see double digit revenue growth, says Somany Ceramics
We are looking at double digit for in FY19, said Abhishek Somany, MD,Somany Ceramics.
“We are welcoming this decision because all our factories are in Morbi, one in Haryana, one near Ahmedabad and about 7 in Morbi – are gas based. The coal is cheaper but it used to become even cheaper to produce the coal,” he said.
“There is no impact on us because we have 7 factories in Morbi which are 100 percent gas based, none of our manufacturing was coal based. We are looking forward to the government implementing this in a big way and making sure that these industries shut down or convert from coal to gas,” he added.
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