Kesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 years to complete, according Mr P Radhakrishnan, whole-time director and CEO of Kesoram industries.
The increase is cement capacity represents an investment of INR3.5bn-5bn (US$44.8m-64m).
Kesoram Industries planned to increase capacity by 1Mta by debottlenecking and then add a kiln to the existing facility to decrease capital expenditures.
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email