Economy & Market
Dalmia Refractories earmarks Rs 350 cr for buyouts
Dalmia Bharat Refractories has earmarked Rs 350 crore for acquisitions both in the country and overseas in the next five years. The company is planning to acquire mines in China and Vietnam. Dalmia Bharat Refractories imports a major part its raw materials, about 60 per cent. The acquisition will take care of its raw material supplies for the next three decades.