By Team Homes | Friday, 05 April 2024

Leading Kitchenware Brand Cello sets-up Glassware Plant in Rajasthan

Cello World Limited, a leading company in consumer houseware, writing instruments, and stationery, has announced the establishment of a glassware manufacturing facility in Rajasthan. This initiative is intended to strengthen manufacturing capabilities across different product categories.

Cello, a prominent player in the Indian consumerware industry, specializes in a wide range of products including glassware, opalware, melamine, porcelain, and other associated items.

The company declared on their website,"We are now setting up a new Glassware manufacturing facility in Rajasthan, which is expected to house European-made machinery that enables high productivity and precision in design and finish and expanding manufacturing capacities in our existing product categories."

Cello is renowned for its wide array of products, encompassing everything from drinkware , tableware and dinnerware to lunch boxes, casseroles, bakeware, kitchen appliances, and beyond. 

The brand has earned a prestigious reputation for its exceptional craftsmanship, functionality, and unwavering commitment to safety. Customers consistently gravitate towards standout items such as the Nomad Flask, Maestro Flask, and Kidzbee Apollo Cuddle Buddies lunch box, which have become beloved favorites.

On Thursday, the shares had already seen a significant increase of Rs.13.20 (1.65%), showing a consistent growth trajectory over the past few trading sessions. This steady rise in the company's stock price suggests that investors are optimistic about the company's future prospects and potential for growth.

Overall, the company's shares have been performing well on the National Stock Exchange, outperforming the broader market indices. Investors will be closely monitoring the company's performance and any further developments that may impact its stock price in the future.