Business Update4 Jul 2025, 09:52 pm
Oriental Trimex Firmly Establishes Itself as Leader in Natural Imported Marble Industry with 20% Waste Reduction and New Black Granite Mining Lease
AI Summary
Oriental Trimex Limited has strengthened its position in the natural imported marble industry by sourcing exquisite marbles from quarries worldwide and catering to distinguished architects, major developers, commercial projects, hotels, shopping malls, and retail establishments. The company's state-of-the-art facility in Chennai processes these selections precisely, offering an aesthetic appeal and quality unmatched among dimensional stones. Last year, Oriental Trimex expanded its offerings by introducing marble-design vitrified tiles under the esteemed brand 'Rare Earth', which has resonated well with customers seeking cost-effective alternatives for flooring and cladding.
Key Highlights
- Introduction of the SMART CUT - ULTRATHIN WIRE MACHINE FOR CUTTING MARBLE BLOCKS, reducing waste by about 20% and enhancing profit margins.
- Grant of Mining Lease for Black Granite by the Odisha Government, expanding product offerings and commencing quarry operations soon.
- Sales of Unused/Non-Core Assets, such as seven acres of land in the Somnathpur Industrial Estate, Balasore, and a small Granite Unit in the Rairangpur Industrial Area, to streamline operations and enhance liquidity.
- Growth of Luxury Housing in the National Capital Region, creating a vibrant market for Oriental Trimex's high-quality imported marbles, indigenous granites, and marble-design vitrified tiles.