Germany's Heidelberg enters India |
Our Corporate Bureau / Mumbai March 23, 2006 |
HeidelbergCement, a $8.36-billion German major, has entered India by setting up a 50:50 joint venture with the SP Lohia-owned Indorama Cement. The new venture will run the grinding plant of Indorama at Raigad in Maharashtra. The joint venture has proposed to build a clinker plant in Gujarat. Indorama |