In a major boost to the tiles and ceramics industry in Gujarat, the State government on Tuesday reduced gas prices by ₹2.5 per standard cubic meter (SCM).
State-run city gas distribution (CGD) firm Gujarat Gas Ltd (GGL) supplies piped natural gas to ceramic clusters in Morbi, Surendranagar and Sabarkantha districts.
The relief is likely to help domestic ceramics players compete with China, the world’s largest producer of ceramics, in the the international markets.
While the move is set to improve the profitability for the ceramics players, it has also brightened the prospects for a larger share in the export market.
“Currently, China dominates in the world ceramics market covering about 55-60 per cent of the global market. But now many countries are avoiding purchases from China such as US, Europe or Middle East and they are turning to India. That is a game changer for our industry,” said Prafulla Gattani,