Jaiprakash expects 40 per cent growth, India

Jaiprakash expects 40 per cent growth, India
Published: 17 March 2010

Jaiprakash Associates expects its cement business to grow by about 40 per cent in 2010/11, Executive Chairman Manoj Gaur told news channel CNBC-TV18 on Wednesday.

The engineering and construction firm, which also has interests in hospitality and power, has substantially raised capacity in 2009/10 and currently can produce 17.1Mta of cement.

It had reported cement shipments in February jumped 61 per cent from a year earlier to 1.16Mt.