"We were shocked to see last year's demand growth, even though the economy grew by seven to eight per cent," he said. The cement industry is expected to grow by 8-10 per cent, Lodha told reporters after the company's 91th AGM here today. He further said that by 2011-12, the company's production capacity would increase to 9.3 mtpa. The company would also set up a cement plant in Assam with one mtpa capacity in joint venture with the Assam government and has also proposed a three mtpa cement plant in Tripura. To a query, he said the company has planned an immediate investment of Rs 1,050 crore in cement, power and jute. Additionally, the company is trying to secure coal assets for use, Lodha said.
299
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15089
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599
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690
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259000
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1054
1999
2026
0
1548
1999
2774
0
499
989