While shares of Pokarna more than tripled in the last two years, Somany Ceramics and Kajaria Ceramics have more than doubled. Cera Sanitaryware rose 88% in two years. The Nifty jumped 44% during this period. In 2020, India became the world’s second-biggest ceramics exporter after China, surpassing Spain. India exported 445 million square meters of ceramic tiles to 170 countries globally.
Mumbai: Ceramic stocks have outperformed in the last two years with returns even tripling for investors as the Indian ceramic industry is emerging as a global leader, getting the second position in exports. In the past couple of years, the industry has been growing exponentially, with a continuous shift in products.
Global penetration of large slabs, deployment of best-in-class technology, and innovation in manufacturing products suitable for
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