India Cements Ltd is planning to establish a 1.5Mta clinker grinding unit in East Nimar district, Madhya Pradesh, at an estimated investment cost of INR3.16bn (US$42.95m).
The company is currently awaiting environmental clearance for the project, while financial closure is underway. Contractor and machinery suppliers are yet to finalised, however work on the project is expected to begin by February 2019.
Malayan Cement FY26 net profit rises 34%
Malayan Cement Bhd reported a 34.3 per cent increase in net profit to MYR903.17m (US$214m) for...