Mega shake-up on the cards in cement industry

Mega shake-up on the cards in cement industry

Three cement companies - Lafarge SA, Reliance Cement and Jaiprakash Associates Ltd, are looking to exit their cement business in India. Reliance Cement has confirmed their plans to exit, Lafarge and Jaiprakash Associates have not.

If reports are true, the total capacity on sale from just these three is more than 35 million tonnes or close to 9 per cent of the total cement manufacturing capacity in India.

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