JSW Group to invest in cement sector, India

JSW Group to invest in cement sector, India
Published: 31 August 2011

The JSW Group (Mumbai, India) plans to invest US$6.4bn into the Indian steel and cement sectors. India’s massive cement industry ranks No. 2 globally in terms of production. As JSW is investing heavily in steel and thermal power, the company is wisely investing in the cement sector, as waste products from its steel and power plants will be utilised in cement manufacturing. The company currently has four cement projects with a value of US$1.6bn lined up.