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The Global Ambition of RYG: A Promising Newcomer on the HOSE Floor https://ift.tt/7l9DXei A Journey of Growth with a Solid Foundation RYG Joint Stock Company (RYG) is a leading manufacturer of ceramic tiles in Vietnam. Established in 2009, over the past 15 years, RYG has successfully asserted its position with remarkable strides. As of Q3 2024, the company’s chartered capital reached VND 450 billion, and total assets amounted to VND 2,223 billion. RYG operates a factory with four production lines, a capacity of 13 million m²/year, and an extensive distribution network comprising over 100 distributors and 3,000 agents nationwide. RYG’s ceramic tile products, known for their superior quality and aesthetic appeal, have successfully conquered international markets, establishing a solid presence on the global ceramic tile map. Currently, RYG’s products are available in 14 countries, including demanding markets such as the US, Europe, and Japan. These achievements are a testament to RYG’s exceptional competitive capabilities, bringing it closer to its goal of becoming one of Vietnam’s leading ceramic tile exporters. Sintered Stone: A Strategic Move into the Premium Segment In 2023, RYG made a strategic investment in a large-format sintered stone porcelain tile manufacturing plant, employing modern technology from Sacmi, Italy. The plant, with an expected capacity of 3 million m2/year, is slated to commence operations in early 2025. Sacmi is a renowned technology provider to several well-known ceramic tile brands, including Cerámica Mayor, Porcelanosa, and Anatolia. The sintered stone product line is anticipated to become a strategic offering, enabling RYG to reposition its brand, gain market share in the premium segment, and take a significant step towards becoming a leading regional manufacturer. This product line targets not only international markets with stringent requirements but also offers attractive profit margins, providing a solid foundation to boost revenue and profit growth. It marks an important evolution for RYG in enhancing product value and directly competing with international brands. Royal’s Porcelain 4.0 (large-size) sintered stone tiles at Wall Coverings 2024. Source: ROYAL Expanding Global Reach, Elevating Status In recent years, RYG has been actively expanding its international markets, with export revenue accounting for 20% of total revenue in 2023, a significant increase from 13% in 2022. Over the next three years, RYG has set strategic goals, including increasing export revenue to 70%, focusing on the US, European, and Middle Eastern markets, enhancing environmentally friendly product development, and establishing a strong brand presence in the premium segment to compete directly with international competitors. Despite challenges in the construction materials industry, RYG maintained positive performance in the first nine months of 2024, with net revenue of VND 1,162 billion, a 28.6% increase...

Traditional Indian furniture, known for its durability and ethnic appeal, aligns with the rising global demand for unique, handcrafted pieces. This blog post explores key steps for initiating furniture exports from India. https://lnkd.in/g5XEFD-R #IndianFurnitureExports #GlobalFurnitureMarket #ExportOpportunities #HomeDecor #InternationalTrade #FurnitureIndustry

Indian Ceramic Tiles: A US Market Sensation Indian ceramic tiles have made significant inroads into the US market, becoming a preferred choice for homeowners and commercial establishments alike. The industry's rapid growth, coupled with a keen understanding of American consumer preferences, has been instrumental in this success. India's cost-effective production, coupled with advanced technology, enables the creation of high-quality tiles at competitive prices. This has proven to be a compelling proposition for the US market, where value for money is a key consideration. Moreover, Indian manufacturers have successfully adapted to American design trends, offering a wide range of styles, colors, and finishes. Statistics show that tile imports from India to the US have surged in recent years, highlighting the growing demand. The industry's focus on innovation and sustainability has also resonated with American consumers who prioritize eco-friendly products. As the US construction sector continues to expand, Indian ceramic tiles are poised to solidify their position as a dominant force in the market.

Key Insights for Indian Tile Exporters: Meeting Customer Expectations To excel in the global tile market, it’s crucial to understand customer perspectives and address their concerns effectively: 1. Customer Expectations from Indian Tiles Market Quality & Durability: Customers demand tiles that last long, resist wear, and withstand extreme conditions. 🌟 Aesthetic Appeal: Unique designs, vibrant colors, and contemporary patterns are essential. 🖼️ Customization: Tailored options for sizes, finishes (matte, glossy, textured), and designs are highly valued. 🧩 Timely Delivery: On-time shipments are critical for construction schedules. 📦 Competitive Pricing: Customers expect value for money while maintaining quality. 💰 2. Customer Pain Points Inconsistent Quality: Issues with surface finishing, thickness variations, or weaker tiles. ❌ Delayed Shipments: Late deliveries can disrupt entire projects. ⏳ Insufficient Variety: Limited options fail to meet specific design preferences. 🛠️ Poor Packaging: Broken tiles during transit affect trust and satisfaction. 📉 Lack of Transparency: Hidden costs or miscommunication frustrate buyers. 🤔 3. How Exporters Can Address These Issues Quality Control: Strict QC checks at every production stage. ✅ Efficient Logistics: Partner with reliable shipping and freight forwarders. 🚢 Customer-Centric Approach: Listen to feedback, offer flexibility, and provide samples. 🔍 Eco-Friendly Practices: Increasing demand for sustainable and green products. 🌿 Transparent Dealings: Clear communication about pricing, lead times, and documentation. 📜 Building trust through quality, responsiveness, and consistency will ensure Indian exporters stand out in the competitive global tiles market. 🚀 #TilesExport #CeramicTiles #PorcelainTiles #GlobalTrade #MadeInIndia #ConstructionMaterials #ImporterFriendly #TileSolutions #CeramicIndustry #ExportQuality

# Aligarh Handmade Locks: An Overview    Origin:  The tradition of making locks in Aligarh, Uttar Pradesh, dates back to the Mughal era, with its origins tracing back to the 18th century. During the reign of Mughal rulers, lock-making artisans from Iran and Central Asia migrated to India, and Aligarh became a center for this craft. Over time, local artisans adopted and developed unique methods, making Aligarh locks widely known for their craftsmanship and security features.    # Introduction to India:  Aligarh Handmade Locks have been a part of Indian tradition for centuries. The lock-making industry in Aligarh started gaining prominence in the 19th century, particularly under British rule, when these locks became popular for their strength and intricate designs. By the early 20th century, Aligarh was a major hub for the production of locks in India.    # GI Tag:  Aligarh Handmade Locks were granted the Geographical Indication (GI) tag in 2014. The GI tag was awarded to protect the intellectual property rights of the local artisans, ensuring that the traditional knowledge and techniques used in Aligarh could not be imitated elsewhere. The GI tag also acknowledges the unique characteristics of these locks, which are tied to the geography and cultural heritage of Aligarh.    # Strength of Aligarh Handmade Locks:  - Durability & Strength : These locks are renowned for their high-quality materials and robust design, making them tamper-proof and reliable for securing homes, offices, and industries.  - Variety : Aligarh locks come in a wide variety of designs, from simple padlocks to complex locks with intricate key mechanisms, serving different security needs.  - Customization : Artisans in Aligarh have developed the skill to create customized locks based on demand, from traditional designs to modern innovations.  - Handcrafted Precision : Each lock is carefully crafted by hand, ensuring attention to detail in terms of both aesthetics and functionality.    # Process of Making Aligarh Handmade Locks.  1. Raw Material Sourcing : The process begins with sourcing high-quality iron, brass, or other metals.  2. Casting : The metal is cast into the basic shapes of the lock components, such as the body, shackle, and internal mechanisms.  3. Filing & Shaping : Skilled artisans use files and other tools to shape and smooth the individual parts of the lock.  4. Assembly : Once all parts are ready, they are carefully assembled. The locking mechanism, usually a combination of pins, tumblers, and springs, is integrated.  5. Polishing & Finishing : The locks are then polished to give them a smooth finish, and often decorative designs are engraved or etched into the surface.  6. Quality Testing : Every lock is tested for strength, durability, and security before being sent to the market. #Entrepreneurship #Careers #Markets #Startups #sales #homeoffice #Jobcreation #Entrepreneurship #socialmedia #import #export #rice #blackrice #india

IMPORT ALERT! There are several advantages to be gained by importers who choose to source furniture made in India: 1. Cost Competitiveness: India's furniture industry offers products at attractive prices due to factors like lower labor costs compared to some other furniture-exporting countries. This allows importers to potentially increase their profit margins or offer competitive pricing to their customers. 2. Design Diversity: Indian furniture caters to a wide range of aesthetics. From classic pieces showcasing traditional Indian motifs to contemporary designs reflecting modern tastes, importers can find furniture that suits various customer preferences. 3. Quality Craftsmanship: India has a rich heritage of furniture making, known for meticulous attention to detail and skilled artisans. This translates to high-quality furniture that can be a selling point for importers. 4. Cultural Uniqueness: Furniture crafted in India can incorporate unique design elements, materials, and techniques reflecting the country's cultural heritage. This can be a major advantage for importers looking for pieces that stand out in the market and offer a distinct aesthetic. 5. Variety of Materials: Indian furniture makers utilize a wide range of materials, including solid wood like mango and teak, natural fibers like jute and bamboo, and even metals like brass and iron. This allows importers to source furniture that caters to different styles and budget points. 6. Growing Market: The Indian furniture market is experiencing significant growth, indicating a reliable and potentially expanding supply base for importers. By strategically leveraging these advantages, furniture importers can build a strong business by offering high-quality, unique pieces at competitive prices. Contact us today! #b2b #supplychainmanagement #importexport #furnitureb2b

India's furniture export industry - A glimpse India's furniture export industry has grown significantly over the past few years, becoming a key player in the global market. Here are some key points about the industry: Major Markets United States: One of the largest importers of Indian furniture. European Union: Countries like Germany, France, and the UK are major importers. Middle East and Africa: Increasing demand for Indian furniture. Key Export Items Wooden Furniture: Tables, chairs, cabinets, and beds made from various types of wood like teak, mango, and sheesham. Metal Furniture: Iron and steel furniture, often with intricate designs. Upholstered Furniture: Sofas, armchairs, and other soft furnishings. Challenges Quality Standards: Meeting international quality standards consistently. Logistics: Efficiently managing logistics to ensure timely delivery. Competition: Facing competition from other major furniture exporters like China and Vietnam. Government Initiatives Export Promotion: Various initiatives to promote exports, such as the Merchandise Exports from India Scheme (MEIS). Skill Development: Programs to enhance the skills of artisans and workers in the furniture industry. Infrastructure Development: Setting up furniture parks and improving logistics infrastructure. Trends E-commerce: Growing online sales platforms are providing new opportunities for exports. Customization: Increasing demand for customized and bespoke furniture pieces. Sustainability: Rising preference for eco-friendly and sustainable furniture options.

India is witnessing a shift from traditional stainless steel to quartz kitchen sinks, driven by both aesthetics and functionality. Quartz offers consistent color, customization options, and superior durability compared to granite. Made by combining crushed stone with resin, quartz sinks are non-porous, scratch-proof, and easy to maintain, with sales reaching 250,000 to 300,000 units annually. Although custom manufacturing can be costly and quartz may discolor under direct sunlight, its advantages make it a popular choice among consumers with higher disposable incomes. The future of quartz sinks in India looks promising. With a burgeoning population and increasing disposable incomes, there is significant potential for high-end products. As a spokesperson from CARYSIL noted, "India is growing very fast and is not short of lifestyle opportunities. People have higher disposable income and are spending more." The combination of cost, functionality, and aesthetics positions quartz as a leading material for kitchen sinks in the country. #kitchenideas #kitchen #interiornews