HeidelbergCement India aims to double its capacity to meet demand

11/16/2010 | Bloomberg

India's government needs to invest $1 trillion in infrastructure projects from April 2012 to March 2017, according to this article. HeidelbergCement India -- in preparation for increased demand -- is looking for partners to secure coal supplies for a $265 million expansion. The firm plans to double capacity by 2012 to meet demand that is expected to grow as much as 10% a year for the next several years. Cement makers in India plan to add about 375 million metric tons of capacity within five years.

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