Oriental Trimex to Streamline Operations by Divesting Land and Granite Unit
Oriental Trimex, a leading marble processor and importer, plans to divest land assets and a granite unit in Odisha to streamline operations and boost liquidity. The company is also set to commence quarry operations at its Black Granite mine.
Oriental TrimexGranite UnitBlack Granite QuarrySomnathpur Industrial EstateOdisha Mining LeaseReal EstateJul 06, 2025
According to a business update shared on stock exchanges, the Odisha-based company plans to divest seven acres of land in the Somnathpur Industrial Estate, Balasore, and a small granite unit in the Rairangpur Industrial Area in Mayurbhanj district of the state.
“This decisive action will streamline our operations, reduce recurring expenses, and enhance liquidity for more focused investments,” the company stated.
Oriental Trimex is also poised to commence quarry operations at its Black Granite mine this quarter, with commercial production anticipated shortly thereafter. The company received an official mining lease from the Odisha government for the Black Granite quarry in May. The lease covers 4.961 hectares in the village of Potteru in Malkangiri District.
To further optimize operations, Oriental Trimex has announced the deployment of a “smart cut” machine with an ultra-thin wire. This advanced technology is expected to reduce waste by 20 percent, optimize yields, and bolster profit margins.
On the demand side, the company informed that the rising trend of luxury apartment developments by prominent builders in the National Capital Region has created a vibrant market for its products, including high-quality imported marbles, indigenous granites, and marble-design vitrified tiles.
Oriental Trimex’s strategic moves are expected to strengthen its market position and enhance its operational efficiency, aligning with the growing demand for premium building materials in the real estate sector.
Frequently Asked Questions
What assets is Oriental Trimex planning to divest?
Oriental Trimex plans to divest seven acres of land in the Somnathpur Industrial Estate, Balasore, and a small granite unit in the Rairangpur Industrial Area in Mayurbhanj district of Odisha.
Why is Oriental Trimex divesting these assets?
The divestment is aimed at streamlining operations, reducing recurring expenses, and enhancing liquidity for more focused investments.
What new technology is Oriental Trimex deploying to reduce waste?
Oriental Trimex is deploying a “smart cut” machine with an ultra-thin wire to reduce waste by 20 percent, optimize yields, and bolster profit margins.
When did Oriental Trimex receive the mining lease for the Black Granite quarry?
Oriental Trimex received the official mining lease from the Odisha government for the Black Granite quarry in May this year.
What is the size of the Black Granite quarry lease?
The mining lease for the Black Granite quarry covers 4.961 hectares in the village of Potteru in Malkangiri District.
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