Vinita Singhania, Managing Director of JK Lakshmi Cement, today took over as President of the Cement Manufacturers Association (CMA).
Singhania is the first woman president of CMA. She took over the post from H M Bangur at the 48th annual session of CMA, India’s apex body of cement manufacturers.
"(The) cement industry with its ambitious growth plan is poised to keep the pace of growth above the requirement of the country that has been estimated to about 290Mt by end of terminal year of XIth Five Year Plan period (2011- 12)," Singhania said.
She is hopeful that the industry would achieve a capacity of over 300Mt before the 2012.
At present, the Indian cement industry has a capacity of about 230Mt.