# Raysut Cement plans $700M investment in India by 2022

Raysut Cement announced plans for $700 million in investments in India by 2022, including $200 million to acquire two cement plants.

- Type: Investment
- Announced: 2019-09-29
- Where: India, India
- Value: $700.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Raysut Cement](https://endata.com/companies/22518.md)

## Sources

- [constructionweekonline.com](https://www.constructionweekonline.com/projects-tenders/259140-raysut-cement-inks-duqm-plant-deals-eyes-700m-india-expansion), 2019-09-29: "Phase 2 of Raysut Cement’s expansion plan includes $700m investments in India by 2022, with the firm already considering to spend $200m on acquiring two cement plants in the country."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
