Sat, May 03, 2025 | UPDATED 01:21 UTC
Business News
Apr 12, 2025
New Delhi [India], April 12: The Indian market for PTMT Faucets, CP Faucets, and Bath ware accessories has witnessed exponential growth in recent years, with faucets being a key segment. The Indian faucet market is valued at approximately Rs30,500 crore and is expected to grow at a Compound Annual Growth Rate of 7.40%. The demand is being driven by rapid urbanization, infrastructural development, and increasing consumer awareness regarding quality bath ware products. Additionally, government initiatives like Har Ghar Jal Yojana have played a pivotal role in accelerating the demand for reliable and high-quality Bath ware solutions, ensuring access to safe water in every household. With a strong focus on innovation and durability, Sheetal Group continues to cater to this growing demand by offering premium solutions that blend aesthetics with functionality.
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India will grow at 6-7% and remain among the fastest-growing large economies," says Ashish Chauhan, MD & CEO, National Stock Exchange
