Jaquar Group, bath fittings and sanitary ware major, will be investing Rs 300 crore for expanding its manufacturing facilities in Rajasthan and Haryana. A sum of Rs 150 crore will be spent on raising the capacity of faucets manufacturing facility located in Bhiwadi in Rajasthan. The company plans to expand the manufacturing capacity of faucets from 80,000 to 100,000 per day and the expanded facility will be commissioned in next six months.
Jaquar Group would also invest Rs 150 crore on its LED manufacturing facility in Manesar in Gurgaon district of Haryana. The company is aiming to clock a total turnover of Rs 3,300 crore in this fiscal which will be a growth of 18 per cent over previous year.
Jaquar is one of the fastest growing bath brands in the world with presence in over 40 countries across Europe, Middle East, Asia- Pacific, Africa and the SAARC region. Conceived way back in 1960, Jaquar Group today is an undisputed market leader in the organized bath fittings category with over 60% market share. The Jaquar Group has 5 state-of-the-art manufacturing units in India and 1 in South Korea, spread over 270,000 sq. m, equipped with modern machine and