Energy, logistics are biggest costs
Sanghi Industries has operationalised a 63 mw captive power plant and a sea terminal for Rs 50 crore in Navlakhi, Rajkot.
Alok Sanghi, Director of the company said that energy and logistics are the biggest costs for the cement business and the company has strengthened them to improve efficiencies and cut costs.
The sea route will be used to cost-effectively increase our geographical reach and grow our markets. At present, the company is serving Gujarat, Rajasthan, Madhya Pradesh and Maharastra. The focus is to expand in the central and western regions, and in the coastal states, he said. Sanghi Industries has reworked its market strategy to 90 per cent domestic and 10 per cent export in the last couple of years.
The sub-prime crisis and global economic downturn hit the fortunes of the company hard around 2008-09. At that time the export business was over 60 per cent, especially in West Asia, Sri Lanka and Africa, he further said.
Contact: Sanghi Industries.
Tel: 08415 - 2422 1625.