Stonex India brings stone quality benchmarking with price tags to marble market in India

Stonex India, one of the largest natural stone companies in India, recently announced world’s first ever true value based quality benchmarking with corresponding price tags for marble. According to the company, this heralds a never before era of quality and price assurance along with hassle free institutionalized market experience for retail and bulk buyers of natural stone, including marble across the country. The market pricing is now scientifically based on parameters like colour variation and ingrained vein pattern in marble slab along with thickness, size and uniformity of shape.

In its 16th operational year now, Stonex India is already an entrenched market leader committed to standardization in stone with transparent product valuation and assured quality to customers of natural stone. Says Mr Saurav Aggarwal, MD, Stonex India, “The imported marble market in India is worth Rs. 5,000 crore and but the buyer experience could still be reminiscent of ordinary commodity market from stone-age. Stonex India will now change the face of Indian marble market experience forever. As we soar towards target of Rs. 350 crore in next fiscal, we are committed to bringing to Indian customers the world class buyer experience in branded marble products with assured quality and value for money. This will make the marble market in India more transparent and amenable to institutional transactions. We will further accelerate our growth momentum and make Stonex a preferred construction partner with branded solutions in marble, tile and stone for domestic & international corporate houses along with discerning buyers.”

Stonex India procures marble, exotic granite and quartz in bulk from Italy, Greece, Spain, Turkey, Portugal, Iran and Brazil and is committed to extending the cost savings from economies of scale to domestic buyers. It currently offers 400 different types of product in marble, onyx, travertine, granite and quartz stones. The company has a state of art marble processing facility in Kishangarh, Rajasthan, apart from Experience Centers in Delhi & Ahmedabad. It intends to expand from current 1 City stockyard limited to Delhi to 10 points of sale across India in next two years to deal with burgeoning demand.