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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (4850)7/1/1999 1:53:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
CEMEX (Mexico) on the prowl in India.

7/1/99 11:43:35 AM

Cemex interested in India

A senior team of the world's third largest cement producer Cemex S.A. de C.V of Mexico is in India exploring opportunities in the Indian market. Cemex manages a capacity of 61mn ton more than 50% capacity in the Indian market. For Cemex acquisitions are a way of life and it has grown to this capacity using this route. This is the second visit by the company's senior officials. The first visit was in September last year. A number of Investment bankers are expected to make presentation to the team on the Indian cement industry.
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