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HeidelbergCement to set up plant in Gujarat

HeidelbergCement to set up plant in Gujarat
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First Published: Mon, Mar 19 2007. 04 27 AM IST
Updated: Mon, Mar 19 2007. 04 27 AM IST
HeidelbergCement announced the setting up of a greenfield plant in Gujarat with a capacity of two million tonnes per annum. The company already has a capacity of 3.5 million tonnes in India through its acquisition of Mysore Cement and its joint venture with Indorama Cement.
In a recent visit to India, chairman and chief executive officer of the Heidelberg Group B. Scheifele had said that, along with strengthening its presence on the West coast, Heidelberg wanted to achieve the stated objective of 10-15 million tonnes capacity in India over the next three-four years, by going for acquisitions.
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First Published: Mon, Mar 19 2007. 04 27 AM IST
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