India: Parth Jindal appointed MD of JSW Cement

Parth Jindal, son of the chairman of the JSW Group, has been appointed as managing director of its cement business, JSW Cement, the Hindu’s Business Line reports.

He will take up his appointment in July. The Hindu reports that Mr Jindal, who has worked as an economic analyst for JSW Steel, has already taken an interest in the cement business, persuading the group to invest INR8bn (US$120m) to build a grinding unit at a new integrated steel plant.