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STONEX India

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STONEX India
Company typePrivate
IndustryNatural Stone and Marble
Founded2001
FoundersGaurav Agrawal, Saurav Agrawal, Vikas Agrawal
HeadquartersDelhi, India
Area served
India, USA, Canada, UAE, Singapore, Dubai, Australia, Malaysia etc
ProductsMarble, Semi-Precious Stones, Travertine, Onyx, Limestone, Composites
Production output
10 million sq. ft. annually
Revenueover ₹400 crore (FY2023)
Websitestonexindia.com

STONEX India is a company specialising in the marble and natural stone industry. The company imports over 500 natural stones from Italy, Spain, Greece, Brazil, Turkey, etc.[1]

History

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STONEX India was founded by Gaurav Agrawal, Saurav Agrawal, and Vikas Agrawal as a partnership company dealing in natural stones in Delhi since 2001.[2][3]

Stonex started importing 100% of its marble in 2007, handling its processing and distribution while securing exclusive rights to Rover (Italy) Composite Marble in North India.[4] In 2011, the company launched a fully air-conditioned, multi-tier experience center in Delhi.[3][5][4] Stonex opened marketing offices in Chandigarh and Ahmedabad in 2014 and launched a second experience center in Ahmedabad in 2015, along with introducing the Laminam and Natura brands in Delhi.[6]

In 2016, the company established a nationwide sales and distribution network.[7][8] In 2017, Stonex formed a joint venture with Laminam Italy for ceramic slabs and established Stonelam Surfaces LLP, preparing for local production of Laminam ceramic slabs by 2024–2025.[9][10] By 2018, the company built Asia's largest and cutting edge tech marble processing center in Kishangarh, Rajasthan with 8-step Stone Reinforcement Process (SRS) marble processing technology.[11][12]

By 2020, the company recorded an annual turnover of ₹300 crore with sales of 8 million sq. ft. of marble and introduced exterior and landscape natural stone products.[13][14] In 2023, Stonex became the first company in the marble industry to adopt a fixed pricing policy and produce 20mm marble in India, as per the global standard in marble.[15][8]

In August 2024, STONEX India introduced the docuseries Mastery on Disney+ Hotstar, featuring contemporary artists and their work, with a focus on craftsmanship and artistic practices.[16]

Products and facilities

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STONEX India offers various natural stone products, including marble, semi-precious, travertine, onyx, limestone, and composites. With a stock capacity of 60 lakh square feet, it is one of the largest in India, including over 5 lakh square feet of white marble.[17]

[18]

The company operates a manufacturing facility in Kishangarh, Rajasthan, covering 10 acres. The facility has a processing capacity of 10 million square feet annually and incorporates eco-friendly practices such as solar power generation, rainwater harvesting, and waste management systems.[19][20]

STONEX India sources its products from over 20 countries, including Italy, Spain, Greece, Brazil, Vietnam, Turkey, France, and South Africa, ensuring a diverse and high-quality selection of natural stones.[21]

References

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  1. ^ "Top 10 Marble Suppliers in India". indiacsr.in. India CSR. 2023-02-27. Retrieved 2024-12-09.
  2. ^ "Angels in the marble - Construction Week India". 2023-05-02. Retrieved 2024-12-09.
  3. ^ a b "5 questions with Gaurav Agarwal, Co-founder of STONEX India". ELLE DECOR. Retrieved 2024-12-09.
  4. ^ a b "STONEX India Private Limited - Retail Showroom from New Delhi, India". www.indiamart.com. Retrieved 2024-12-09.
  5. ^ "STONEX India Mansarover Garden". justdial.com. Retrieved 2024-12-09.
  6. ^ Kumar, Sandeep (2022-01-31). "Stonelam: An Exclusive Distributor In India For The Finest Facade & Wall Cladding Materials From Laminam Spa, Italy". Stonelam. Retrieved 2024-12-09.
  7. ^ "Marble Becomes the Millennial Rich Man's Way to Say, "I Have Arrived"". BW Disrupt. June 19, 2017. Retrieved 2024-12-09.
  8. ^ a b Sharma, Ankita (2023-05-02). "Transforming Spaces With Sustainability And Quality | A Sneak-Peak Into The Stonex Legacy". The Architects Diary. Retrieved 2024-12-09.
  9. ^ Kumar, Chanda (June 29, 2017). "STONEX India brings stone quality benchmarking with price tags to marble market in India". retail4growth.com. Retrieved 2024-12-09.
  10. ^ "The Legacy – Sarna". Retrieved 2024-12-09.
  11. ^ "Imported Marble Dealers". justdial.com. Retrieved 2024-12-09.
  12. ^ "Which is Asia's biggest marble market?". Radhe Stonex. 2023-07-03. Retrieved 2024-12-09.
  13. ^ Danish Khan, Sofia (14 December 2019). "How three youth started with Rs 9 lakh loan and built a Rs 300 crore marble company". www.theweekendleader.com. Retrieved 2024-12-09.
  14. ^ "STONEX India Pvt. Ltd. - Luxury Collection of Marble, Granite, Travertine, Onyx, Limestone,". www.surfacesreporter.com. Retrieved 2024-12-09.
  15. ^ "Campaign Spotlight: Shreyansh Innovations releases India's first-ever brand campaign in the marble category for STONEX India". adobo Magazine Online. 2021-11-24. Retrieved 2024-12-09.
  16. ^ "Doc series 'Mastery by STONEX India' on Disney Hotstar spotlights contemporary artists". 2024-08-02. Retrieved 2024-12-09.
  17. ^ "STONEX India Private Limited - Retail Showroom from New Delhi, India". www.indiamart.com. Retrieved 2024-12-09.
  18. ^ "Stonex Launches: Semi-precious Natural Stones". WFM Media. 2019-04-04. Retrieved 2024-12-09.
  19. ^ "Factory For Stonex, Kishangarh, Rajasthan". Urbanscape Architects. Retrieved 2024-12-09.
  20. ^ "Urbanscape Architects' complex for STONEX India stands out in the industrial landscape". www.stirworld.com. Retrieved 2024-12-09.
  21. ^ "STONEX India Presentation" (PDF). ashva.co.uk. 2015. Retrieved 2024-12-09.
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