Cement maker to infuse Rs 1.25 lakh crore
The cement industry major has lined up a capex of around Rs 1.25 lakh crore for FY25 to FY27 to meet the growing demand. As per estimates, the industry is expected to add 130 million tonnes of cement grinding capacity.
The report further says the investment will be driven by a healthy demand outlook and the quest for market share, and the low capex intensity and strong balance sheets will keep the credit profiles of the companies.
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