To cut expenditure on logistics, UltraTech Cement is set to build a Rs 100-crore terminal at the Mumbai Port to transport cement from its plants in Gujarat into Mumbai. By doing so, the Aditya Birla Group's company wants to cut logistics costs and go deeper into one of the largest cement markets in India.
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Cement industry loses Rs 40 cr from bad rail infra
Cement will grow exponentially over the next 40 years, so we should be more worried about 2050 than about 2009, said Rajiv Mehta, Executive President, Ultratech Cement.
Vibrant Gujarat 2011: Larger and cleverer
The highlight of the much-publicised event this year was as much the volumes pledged, as the state's efforts to set a platform for national and international investments.
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