November 23, 2011 10:51 pm | Updated 11:10 pm IST - CHENNAI:
H& R Johnson (India), a division of Prism Cement and the world's seventh largest tile company has entered into a joint venture with Small Tiles Private Ltd, a manufacturer of ceramic glazed floor tiles.
H&R Johnson has acquired a 50% stake in the company.
According to the joint venture, Small Tiles will manufacture and supply tiles to H&R Johnson.
The tiles would primarily be marked in the Northern, Central and Eastern regions and the overseas markets.
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