India: Murli Industries to double its cement capacity

India: Murli Industries to double its cement capacity
Published: 30 December 2011

Murli Industries, an Indian city-based business group, which recently forayed into the cement sector plans to double the capacity utilisation of its plant to 80% by 2012.

The company built a 3Mta plant at Chandrapur in 2010 which is now being run at 40% capacity. A 50MW power plant has also been set up as a part of the venture. While current cement demand is low, the company expects to be ready to make the most of opportunities in 2014 when it says demand will pick up.