India Cements plans ₹1,600 crore refurbishment of cement plants

India Cements plans to invest ₹1,500-1,600 crore to refurbish its vintage cement factories to improve efficiency. The company has engaged FLSmidth and Krupp Polysius for the project, which may take 15-18 months.

“Demand is fine, but costs are out of control.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comIndia Cements plans ₹1,600-cr spend to boost the efficiency of its vintage factories - The HinduBusinessLineG BalachandarFeb 3, 2023

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