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21 February 2018

LafargeHolcim to invest over €170mn to drive further growth in India

First publishedon www.AggBusiness.com

LafargeHolcim is strengthening its presence in India with the construction of a new cement plant in the northern state of Rajasthan. The CHF 200 million (€173 million) investment will serve customers across the north of India, including Delhi.

Jan Jenisch, Group CEO of LafargeHolcim, said: “India is the second biggest global cement market and is forecasted to continue to see high growth rates. We are excited to invest in this highly attractive market to further strengthen our footprint and to reinforce our leading building materials position in India.”

The new plant, which is being set up by the Group’s subsidiary Ambuja Cement will have a clinker capacity of 3.1 million tonnes/year. The commissioning of the plant is expected for the second half of 2020.

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