Birla to Increase Production Capacity

New Delhi : It has been revealed in a recent report that the construction giant Birla Corp is of the view of increasing their production capacity for cement. This has come as a recent development, including a number of other reforms that are in line for the firm. They have also decided to invest a sum of Rs. 35-40 bn for the purpose of further expansions in the business in the next few years to come.

This is going to be done in order to gain a stronger position in the business of cement and construction. The Chairman of the firm, Mr. Hash V Lodha was of the view that there shall be a funding of Rs. 10.25 bn for the purpose of taking the cement capacity to a higher level. They are of the aim to take the capacity to 9.3mn tonnes from the 7.5 mn tones, it is right now.

There were further reports in which he has revealed that there have been a number of advancements seen in the field of capacity of cement. All these developments have come as a part of meeting the requirements for the growing market.