Kesoram to boost cement capacity to 15 MT in next 3-4 years

Kesoram Industries Ltd, a BK Birla Group company, is planning to launch a product with a capacity of more than 15 million tonnes (MT) of 11 tonnes.

Kesoram, which has divested its tire and Rayon businesses, is on track to turn a profit in the current fiscal year (FY).

P Radhakrishnan, full-time director & amp; CEO, the world of media data is one of the best cement capacity in the world with 3-4 gefaseers up to 15 MT, and 10-11 MT. Totally outlay would be between Rs 350 to Rs 500 crore.

He said the company's financial situation would deteriorate as debts diminish and cheap funds are refinanced.

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