Italy Tile Producer Launches JV in India

New Delhi, India, May 23--Italian tile producer Atlas Concorde has set up a joint venture in India with construction and accessories firm Hybrobath. The 40:60 venture will market and distribute Atlas Concorde ceramic tiles and set up exclusive stores around the country. In the initial phase the two companies have set up an exclusive store selling Atlas Concorde ceramic tiles in New Delhi. During the next phase three more stores will be opened in Mumbai, Bangalore and Chennai.