Cement News tagged under: Government Investment
Indian cement producers prepare for major expansion12 September 2024, Published under Cement NewsIndian cement producers are set to invest approximately US$14.3bn over the next four years, aiming to increase capacity by around 25 per cent, or an estimated 160-170Mta of production capacity. The expansion will be driven primarily by the three leading cement producers in India: UltraTech , Ambuja , and Shree Cement . Collectively, these companies will account for 70 per cent of the country’s capacity increase. The producers’ capital expenditure costs for these expansions is expected to... |
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