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India Cements to set up new cement manufacturing facility in Madhya Pradesh: Report

India Cements to set up new cement manufacturing facility in Madhya Pradesh: Report

India Cements is reportedly planning to set up a new cement manufacturing facility in Madhya Pradesh. With this, the company is expecting a better capacity utilisation from the next financial year and is all set to Rs 1000 crore for the same.

Moreover, the company is expecting prices in South India to also pick up from the fourth quarter of the year, improving its performance from there on.

India Cements is the largest producer of cement in South India and one of the largest cement manufacturer in the country.

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