The Jaypee Group is ramping up its cement-making capacity in India.
The company will augment the capacity from the current 33.5 million tpa to 50 million tpa by 2017. However, it has not disclosed the investment details for the capacity hike. The proposed capacity expansion will be funded through a 2:1 debt-equity ratio. The plans are afoot to add three million tpa in Karnataka. Further, it is yet to finalise the location for a three million tpa plant in Assam or Manipur. The remaining planned capacity will come up in existing facilities.