Alok Agarwal of Motilal Oswal Securities, is of the view that ceramic glaze tiles industry will continue to grow for the next four-five years.
Agarwal told CNBC-TV18, "Ceramic glaze tiles industry will continue to grow for the next four-five years. The demand has come from the high construction boom, the housing sector and also the commercial construction sector. This segment will grow by at least 20% per annum. One advantage that comes for the companies in this sector is that, no green field investments are happening. Companies like Kajaria Ceramics , and Bell Ceramics will do well, which are the basic listed companies."
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