Cement Corp divestment to begin

Cement Corp divestment to begin

The Heavy Industries Ministry is chalking out a plan to sell off seven non-operational units of Cement Corporation of India (CCI) in the initial phase as part of the strategic sale of the loss-making state-owned firm.

As some of the CCI units are plagued by legal issues, the efforts will be to go in for unit-by-unit sale or club a cluster of them and hit the auction route, said Heavy Industries Secretary Girish Shankar.

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