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Panyam Cements plans expansion

Panyam Cements, a Nandi group company is planning to double its cement manufacturing capacity from 1.0 mtpa to 2.2 mtpa. The expansion will be carried out in phases as the current year is not conducive for rapid expansion. The plan is currently on paper and is scouting for a partner who will infuse capital, technology and may expand the plant capacity to 3.0 mtpa.

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