Modern Tiles Launches New Showroom in Kampala – The Ankole Times

Modern Tiles Launches New Showroom in Kampala

Monday, April 22, 2024

Modern Tiles, a prominent tile manufacturer in Uganda, has established a modern showroom in Kampala, the country’s capital city. This move marks a significant development in Uganda’s tile industry.

In Uganda, three local companies produce tiles, namely Modern Tiles, Goodwill, and Millennium. Previously, the tile market was dominated by imported products. However, the entry of these local producers has led to a notable reduction in tile prices across Uganda.

Ashish Monpara, the Chairman of Modern Group of Companies, which owns Modern Tiles, expressed that the showroom aims to provide customers with a diverse range of tile options to choose from. Modern Tiles currently commands a substantial market share of approximately 58%, indicating a significant reliance on locally manufactured tiles.

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The factory, boasting advanced technology, produces an impressive 49,000 square meters of tiles daily. There are plans to expand its capacity to triple that amount, reaching 150,000 square meters per day when fully operational.

Despite commencing operations amid the COVID-19 pandemic, the factory has invested $30 million and employs over 3,000 Ugandans directly and indirectly. The availability of locally produced tiles at affordable prices, approximately 25,000 Ugandan shillings per box, reflects a substantial decrease from previous market rates.

Monpara lauded the Ugandan government for fostering an enabling environment for investors, both local and foreign. He praised Uganda as the prime investment destination in East Africa.

Apart from Modern Tiles, the Modern Group of Companies operates nine other factories in Uganda, manufacturing various products such as hand sanitizers, cooking gas, aluminum goods, sugar, alcoholic beverages, and power.

During the showroom inauguration, Evelyn Anite, the State Minister of Finance (Privatisation and Investment), acknowledged the rapid growth of Uganda’s tile industry. She highlighted the significance of Modern Tiles’ establishment during the challenging COVID-19 period.

Minister Anite urged Ugandans to support the Buy Uganda Build Uganda (BUBU) policy by patronizing locally produced tiles from the three domestic companies. She emphasized that domestic tile production not only saves foreign exchange but also generates employment opportunities and increases government revenue through taxation.

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Leila Baku Mohammed is the NS Media publisher for the West Nile Region.
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