"We have already acquired 100 acres of land and work on the grinding unit will start within this fiscal itself," Juneja said.
Binani Cement would invest $70 mn to double the cement capacity of its plant in China to two mtpa. It also plans to double its manufacturing capacity in Dubai. The Dubai facility currently manufactures 0.85 mtpa of cement.
The company is looking to set up two grinding units overseas -- one in Mauritius and the other one either in the Ivory Coast, Ghana or Nigeria.