New Delhi, Sept. 25 -- Asian Granito India Limited (AGIL), manufacturer of one of India's leading tiles brand is banking big on the 'Bharat' markets to drive the sales growth post unlocking of the economy. Company is confident to drive the volume growth on the back of its strong presence and demand recovery in the rural and semi urban markets. Lower spread of COVID in rural areas, improvement in repairs and renovation activities, good monsoon and better sowing of kharif crops, agriculture reforms are likely to drive the growth.
Rural, Semi Urban, Tier II and Tier III towns contributed over 70% of company's sales in FY20. Company expects sales from these markets to improve further in the current fiscal year to offset the slack in demand fro...