About us

The Company is incorporated on 19.04.2010 with an objective of quarrying of Rough Granite Blocks and Dimensional Dressed Granite Blocks of Black Galaxy Granite - an extent of 7.252 Hectares located in Sy.No.55/6B, R.L.Puram Village, Chimakurthy Mandal, Prakasam District.

Mr.Ch.V.NagaRaja is post graduate in Statistics, having hands on experience in Granite Sector from 1994. Visited various countries like Norway, Sweeden, Denmark, Italy etc. to study technological advancement and utilization of sophisticated equipment in various segments of granite sector. In his various trips to Singapore, Malaysia, Thailand, China etc.. surveyed and studied about the demand for Black Galaxy Granite and acquired knowledge in technical process, labour saving equipments/devices, techniques in marketing, hiring of services of the technical know-how personnel, etc.,

M/s. Pearl Mineral and Mines Private Limited is spread over an extent of Acres 17.92 (7.252 hectares) in Sy.No.55/6B, R.L.Puram Village, Chimakurthy Mandal, Prakasam District, A.P. It is one of the reputed firm in Ongole. The operating capacity of the quarry would be around 1500 CBM per month. Black Galaxy Granite is available only at Chimakurthy, Prakasam District, Ongole, in all over the world.

In the international Market, every color of Granite Slabs are having alternative products/ colors. Whereas for Black Galaxy material, there is no substitute in the entire World. It has inherent glitterness like Bronzite flakes in Black, hence called Galaxy. Having world wide demand for this product, Chinese used to procure more quantity. Hence the market demand increased and the present existing units are not in a position to cater to the demand of these Chinese Units. Other than construction material, finished slabs are mainly used for kitchen platforms in many European and international countries. Especially for monuments, they use the black material in which the Black Galaxy is the most Premium material in this segment.

INDUSTRY SCENARIO / INTER- FIRM ANALYSIS

Granite has become one of the most popular product among building materials. It has been used from thousands of years in both interior and exterior applications. Granite dimensional stone is used in construction of buildings, bridges, paving, monuments and many other interior projects. The industry has been a sudden spurt in granite’s usage as countertops for instance kitchen, bathroom, and reception counters. There is massive demand for granite countertops in the U.K, Middle East, North America and other countries in Far East and Europe.

Today in India granite is used widely in domestic construction sector, monuments construction market, hospitality industry, export market, and antiques. The Granite material became well known because of technological advancements, sophisticated quarrying techniques and decreased cost of mining and growth in usage as material in the decoration sector. A large shopping mall was recently built in Dubai , which consumed 30000 SQ meters of granite in 26 colours from all over the world. These kinds of projects can create huge profits to companies and at the same time create competition among different producers.

The world wide import and export of dimensional stone has continued to grow for many years. One major reason is the dynamic economic growth in south east Asia. Their domestic consumption, output, import and export have risen and will continue in future also. The main explanation for this is the overall performance of the Chinese economy that has influenced the whole sector. The other centre of the international stone trade is the United States of America. Domestic production is significant, but still has never been sufficient to meet the market’s internal needs. This shortfall is fulfilled by using imports. China has been for some time largest processor of granite and exports of processed granite has changed the face of whole sector by radically altering the role of traditional processors such as Spain and Italy. These countries are now losing a share worldwide. Only large countries such as India and Brazil have managed to keep up with the development with china.