SOURCE: Industrial Info Resources

Industrial Info Resources

August 30, 2011 06:10 ET

JSW Group to Invest $6.4 Billion Into Steel & Cement Manufacturing Sectors, an Industrial Info News Alert

DELHI, INDIA--(Marketwire - Aug 30, 2011) - Researched by Industrial Info India (Delhi, India) -- The JSW Group (Mumbai, India) plans to invest $6.4 billion into the Indian steel and cement sectors. India's massive cement industry ranks No. 2 globally in terms of production. As JSW is investing heavily in steel and thermal power, the company is wisely investing in the cement sector, as waste products from its steel and power plants will be utilized in cement manufacturing. The company currently has four cement projects with a value of $1.6 billion lined up.

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