EIC-Mosaic tiles

This profile envisages the establishment of a plant for the production of mosaic tiles with a capacity of 800 tons per annum. Mosaic tiles are used for covering & decorating walls & other interior spaces of buildings. The demand for mosaic tiles in the country is entirely met through imports. The present (2022) demand for mosaic tiles is estimated at 1,476 tones. The demand for mosaic tiles is projected to reach 1,623 tones and 1,964 tones by the year 2023 and 2025, respectively. The principal raw materials required are Portland cement, white cement and sand. All these materials can be purchased locally. The total investment cost of the project including working capital is estimated at USD 1.5 MM. The project can create employment for 76 persons. The establishment of such factory will have a foreign exchange saving effect to the country by substituting the current imports.

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