Murarka Group, one of the prestigious business houses in Nepal has collaborated with Somany Ceramics for a joint venture to establish a manufacturing industry. This joint venture between Murarka Group and Somany will operate and manage a tile manufacturing facility with an annual capacity of around 3.0 million square meters in Nepal.
The joint venture announcement ceremony was held at Kathmandu Marriott Hotel in the presence of media, dignitaries, and the company representatives.
Speaking about the collaboration, Pashupati Murarka, managing director of Murarka Group said that Murarka Group is always committed to providing quality products and services to its customers. This collaboration will fulfil the need for quality and standard tiles in the Nepali market. It will contribute to the economic upliftment of the country as well as create significant employment opportunities.
Similarly, Abhishek Somany, managing director and CEO of Somany Ceramics mentioned that it a matter of pride for his company to collaborate with Murarka Group to introduce a range of tiles in the Nepal. Somany Ceramics has been manufacturing high-standard quality tiles suitable for residential and industrial purposes all over the world and I hope it will set a benchmark of standard in the Nepali Market as well.
Somany Ceramics is a leading player in the Indian Ceramic Industry with a global presence in, Africa, The Middle East,Mexico etc.
The company has manufacturing plants in Gujarat, Haryana and Seemandhra, India, with a total access to capacity of 74 million square metres annually. Likewise, Murarka Group is a renowned conglomerate that has been operating since 1946. The company has grown to become one of the largest and most diversified companies in the country. With a range of investments in industries such as cement, steel, automobile, consumer technology, finance, and education, Murarka Group is a leader in multiple sectors. With a workforce of over 1500 employees, Murarka Group continues to be a prominent player in the Nepalese business landscape, providing quality products and services to its customers.