"We have already written a request letter to the Gujarat government for setting up of a 5Mt cement plant in Kutch district. We may also be signing an MoU in this regard in the upcoming investors’ summit. The plant is likely to commence production within two years from approval from the state government and will envisage an investment of INR4000, part of which will be raised through public issue of our subsidiary company, apart from bank loans," said Jaiprakash Agarwal, chairman, Surya Group.
Armed groups force closure of Libyan cement plants
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