Nuvoco Vistas Corporation Ltd, previously known as Lafarge India, is planning a 5-10 per cent rise in specialised cement to its product range over the next two years. Value-added products and cost cuts across its plants are expected to benefit the company's topline, according to The Telegraph.
"At present, around 50 per cent of the product basket is in specialised cement. With consumer needs changing, our focus in the coming years is to expand the offering of more value-added products," said Madhumita Basu, chief of sales, marketing and innovation, Nuvoco Vistas.
As an example, microfibre-based cement, which constitutes around five per cent of the trade volume, is expected to double in the coming years.
Cost management
Elsewhere, the company is looking to manage costs through the installation of captive power and waste heat recovery units. Nuvoco Vistas has also put in motion a debottlenecking project which is set to unlock 1Mta of additional capacity in the next financial year.
