My Home Industries plant expansion, India

My Home Industries plant expansion, India
Published: 22 September 2010

My Home Industries Ltd intends to invest INR400 crore to expand its cement plant near Visakhapatnam. The company is also setting up a captive power plant of 60MW near Nalgonda at a cost of INR250 crore. My Home is looking for acquisitions in the western region with CRH plc of Ireland. The company had offered a stake of 50 percent to CRH plc in 2008 for INR1,600 crore.