India is an up-and-coming key market for the Ceratizit Group, confirmed the officials of the Group.

The sales forecast for the current year confirms that the chosen path is the right one. "For the current business year, we expect a sales growth of 20% compared to the previous year", explains Ashwani Sareen, Managing Director of Ceratizit India. The Indian subsidiaries of the Ceratizit Group are continuing the successful course of recent years. Turnover has increased more than fivefold over the last decade due to organic and strategic growth. Ceratizit is already number four in the Indian market. "The goal, however, is quite clear: to continue to grow over the next few years," adds Sareen.

The foundation for this growth has been laid during recent years. The new location in Kolkata was inaugurated in 2013 and a modern CVD coating plant was added last year. Ceratizit also continues to invest in Bengaluru. Once the expansion at Komet India has been completed, more than twice as much space (7,900 m2) will be available. This will also see addition of new machines and new employment opportunities as well.

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