Browsing Tag
Economic Growth
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Regency Ceramics Expands Production with Segno Ceramics Buyout
**Regency Ceramics Expands with Segno Ceramics Acquisition**
Regency Ceramics has acquired Segno Ceramics in Bapatla, Andhra Pradesh, effective August 22, 2024. The all-cash deal gives Regency control over a 50-acre facility with a production capacity of 3.6 million square meters per year, enhancing its ability to produce Glazed and Polished Vitrified Tiles. This move aligns with Andhra Pradesh’s industrial growth goals and supports Regency’s revenue target of ₹100 crore in the coming year.