Sanghi Industries Ltd (SIL) is to expand its production by 30 per cent, and is set to acquire ships and establish terminals to improve logistics.
The company is to raise cement capacity from 2.6Mta to 3.5Mta by the end of 2015 at its Abdasa plant in the Kutch district of Gujarat. “Currently, clinker production is higher than cement production at our plant. To correct the mismatch, we are investing INR100 crore in increasing the grinding capacity,” Alok Sanghi, director of Sanghi Industries Ltd told The Times of India.
SIL is also set to acquire six vessels over the next five years to transport its products to newer markets and reduce fuel costs. Currently, the company charters ships to distribute its products.
It is also in the process of setting up jetties at at Navlakhi port in Morbi district and at Mumbai.
Eyeing new markts, SIL is planning to set up jetties at Goa and Kochi ports. The company currently exports 20 per cent of its total production, mainly clinker to Middle East, Africa, Sri Lanka and Bangladesh.
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