My Home Industries considers 50% capacity expansion

India-based My Home Industries is considering a capacity expansion of up to 50 per cent over the next four years, according to the Business Line. The company has announced that its awaiting clearance from the board for the expansion, which would see it increase capacity to 15Mta from 10Mta.

"Investment and location for expansion will be decided when we finalise the plans. We have the opportunity to expand in our existing locations also," said Vijay Vardhan Rao, marketing president, My Home Industries Ltd.

The announcement was made during the launch of a new premium composite cement for the Tamil Nadu market. The Maha HD+ cement can be used in all types of structures, according to Mr Rao.

"It is the first composite cement to be certified by the Bureau of Indian Standards. Maha HD+ cement is environment-friendly and consumes less water," he added.