NITCO Limited, a leading manufacturer of premium tiles and marble, proudly announces a landmark achievement in securing its first annual tie-up with Hindustan Associates (one of the largest tile dealers in Mumbai) following its restructuring process and capital-raising initiatives.
The Company has received an order worth Rs50 Crore from Hindustan Associates. The agreement is structured to deliver approximately Rs4 Crore worth of products during the fourth quarter of the current financial year, with the remaining Rs46 Crore to be executed in the next financial year.
This is the first of twenty dealers across India with whom a similar tie-up will be established. These dealers will become part of the NITCO “Legends”, an elite group of dealers who will enjoy special benefits and a strengthened relationship as valued members of the NITCO family.
This milestone underlines NITCO’s commitment to expanding its market presence and strengthening dealer relationships as part of its growth strategy. The successful tie-up is a testament to the Company’s focus on quality, innovation, and operational excellence.
NITCO Limited, synonymous with innovation and design excellence, is one of the leading players in the tiles, marble, and mosaic industry. With over 70 years of expertise, NITCO is renowned for its craftsmanship and innovation. Serving clients in over 55 countries, NITCO operates through a vast network of 650+ dealers, 9 exclusive experience centers, and 150+ franchise stores.
