Dalmia Bharat eyes acquisitions as Binani Cement fate hangs in balance

Dalmia Bharat had been adamant on its acquisition plan for Binani Cement

Keen to enter the North Indian cement market with the fate of Binani Cement hanging in balance, Dalmia Bharat is now weighing options such as acquisition of other cement companies or units in the region. 

Indrajit Chatterji, executive director of sales and marketing for the eastern zone at Dalmia Bharat Cement, said, "The expansion may be in terms of acquisition".

According to B K Singh, Dalmia Bharat's senior executive director of group marketing and communication, it has been the company's objective to emerge as a pan-India player and not limit itself to certain geographies. Although the company's consolidated production capacity