Bharathi expects turnover to double by 2013

Bharathi expects turnover to double by 2013
Published: 19 December 2011

Indian cement producer, Bharathi Cement, the fully-owned domestic unit of the French cement firm Vicat Group, today said it is eyeing to double the turnover to INR2000 crore by 2013 when its plant at Gulbarga in Karnataka will go on stream and double the capacity by 2016 to 10.5Mt.

"Our turnover from the existing two plants at Kadapa in Andhra Pradesh in 2011 is expected to be over INR1000 crore. We are targeting INR2000 crore turnover after the completion of our INR1400-crore plant at Gulbarga in Karnataka," Bharathi Cement Marketing Director M Ravinder Reddy told reporters here.