Sloan Valve Invests in India to Expand Sanitaryware Operations
Sloan Valve is expanding its operations in India to capitalize on the burgeoning market for sanitaryware products. The investment aims to utilize local manufacturing and distribution channels to meet rising demand from urbanization.
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On April 13, Sloan Valve announced a strategic investment in India, focusing on the premium and mid-segment bath fittings market. The company plans to utilize Essel's manufacturing and distribution capabilities to meet increasing demand driven by urbanization and housing growth.
This move includes access to a large facility in Derabassi, Punjab, aimed at broadening Sloan's product offerings in the Indian market. The decision reflects a significant opportunity for growth in a rapidly evolving sector, though specific financial terms of the investment remain undisclosed.
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