Marble City India Limited has announced the award of a significant domestic contract valued at Rs 13.50 crore for the supply of premium Italian marble, marking a major development for the company’s commercial operations in the luxury materials segment. This contract reflects the growing demand for high-quality imported marble in Indian infrastructure and real estate projects.

Contract Overview

The nature of the contract involves the supply of Italian marble to a domestic entity. While the name of the entity awarding the contract hasn’t been publicly disclosed, it is evident from the scale and specifications that the project will be carried out with meticulous adherence to quality and logistics standards.

Key terms and conditions of the agreement include:

• Terms of Payment: Payments for the order will be made based on the bill and material received at the project site.

• Delivery Schedule: The delivery of materials will follow a strict timeline as per the planned schedule in coordination with the project-in-charge.

• Replacement Clause: In case of any damage or shortfall in material during transit, the seller (Marble City India) is responsible for replacing the material at their own cost, following site inspection by project and quality control engineers.

Timeline and Execution

The contract is expected to be fully executed by 15th July 2025. This time frame allows for phased delivery aligned with construction and site requirements.

An initial purchase order of Rs 1.75 crore has already been placed, marking the beginning of the execution phase. This initial commitment underlines the project’s scale and the confidence of the buyer in Marble City India’s capabilities.

Domestic Focus

The order has been confirmed as a domestic contract, ensuring local project compliance and logistical advantages. No promoters or group companies of Marble City India have any interest in the entity awarding the contract, ensuring transparency and independent commercial transaction.

Strategic Importance

This development is strategically important for Marble City India as it:

• Reinforces its position in the luxury and premium materials segment, especially in supplying imported Italian marble.

• Enhances its revenue visibility for FY 2025, with a firm timeline and defined material delivery commitments.

• Demonstrates operational capability in handling large-scale supply contracts with detailed quality compliance clauses.

Broader Market Context

India’s construction and real estate sectors are witnessing a rising preference for luxury building materials, especially in premium residential, hotel, and commercial developments. Italian marble is often preferred for its aesthetic appeal, durability, and exclusivity, making suppliers like Marble City India critical players in the value chain.

This order not only provides a financial boost but also serves as a strong reference point for future deals in the high-end construction material segment.

Outlook

Looking ahead, Marble City India is expected to leverage this deal to explore more high-value opportunities both in the domestic and international markets. With the successful execution of this contract, the company can enhance its reputation and possibly secure more such strategic supply contracts.

As the delivery progresses, stakeholders will be closely watching the on-time execution, quality assurance practices, and client satisfaction metrics — all of which will influence Marble City India’s future contract awards and brand value in the market.

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