Ambuja Cements to invest $1.5 bn to lift capacity to 155 MTPA by FY30
The expansion plan comes days after Ambuja reported a 34.7% fall in quarterly net profit, hurt by higher fuel and freight costs
The News Flicker
The expansion plan comes days after Ambuja reported a 34.7% fall in quarterly net profit, hurt by higher fuel and freight costs
India's Ambuja Cements said on Monday it would invest 14,500 crore ($1.53 billion) to increase its cement capacity to 155 million metric tons per annum by fiscal 2030. India's cement makers have bee…
Originally published by Business Standard. Read the full article →
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