Ayush Bagla, Executive Director of Cera Sanitaryware, on Wednesday while talking about Q3FY21 numbers, said next two-three quarter are going to be very strong for the company.
Speaking in an interview to CNBC-TV18, he said, “We are seeing strong demand across all market segments, not only are we looking at inquiries but firm orders from projects which were not seen in the last 7-8 years.”
“FY22 will be a real blockbuster for the industry and also for the company because the nature of the demand for home improvement products has completely changed,” said Bagla.
According to him, unorganised market is sub-30 percent of sanitaryware industry. “Cera Sanitaryware gives 10-year warranty on ceramic piece and 10-year warranty on brass element in the faucet ware. Unorganized players cannot go beyond one year,” he said.
For more details, watch the video