"We are scouting for cement plants and companies across India. If something good comes our way, we will look at it seriously," Vinod Juneja told Dow Jones Newswires in a recent interview.
He said the plants must have a capacity of at least 1 to 1.5Mta.
The company’s factory in the western Indian state of Rajasthan now has a capacity of 6.25Mta, which will be raised to 6.5Mta by the end of the fiscal that started April 1, Juneja said.