Asia / Oceania
Lafarge plans expansion in India
Mar, 21 2012
(India) -- Lafarge, the French cement maker, has announced that it is planning to expand its operations in India and has achieved 8 MT cement manufacturing capacity in the country.
The company's cement manufacturing capacity has increased from 6.5 MT in FY 10 to 8 MT currently.
"We plan to grow, mostly through internal expansion for our existing cement plants," Lafarge Global Chairman and CEO Bruno Lafont told reporters.
"We will continue with our programme to increase production capacity in India by 2 MT per annum." He added.
Lafont said the company will continue investing in its concrete and construction aggregates businesses in India. He also said that the company is not looking for any inorganic growth in India. He declined to comment on when the expansion will be completed.
The company recently commissioned production lines at Jojobera in Jharkhand and at Mejia in West Bengal. Lafarge also has four greenfield projects in the states of Rajasthan, Karnataka, Meghalaya and Himachal Pradesh that are in different stages of progress.
Lafarge currently has four cement plants across the country, in Sonadih and Arasmeta in Chhattisgarh, Jojobera and Mejia. Lafarge is also one of the leading players in the ready-mix concrete business with 83 plants across the country.
By: Rashli Kalia (ARI-C NEWS)
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