Lafarge to expand Indian operations

Lafarge is expanding its operations in India but says it will do so organically and isn't considering any acquisitions at present, Chairman Bruno Lafont said Tuesday.

"We will continue to grow, mostly through internal growth and by expanding our existing cement plants and growing through several greenfield plants," Lafont told reporters on the sidelines of an event.

He said the company will continue with its program to increase production capacity in India by 2Mta but no completion date was noted.

Lafarge currently has a 8Mta production capacity in India.