Can’t take on big cement majors yet; will grow biz organically: Parth Jindal

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JSW Cement plans organic growth, avoiding acquisitions due to competition from Adani and Birla. An IPO aims to raise Rs 3,600 crore. The company targets expansion in North, Central, and Northeast India. Capacity is set to double to 42 million tonnes. JSW Cement wants to achieve a 10% market share. Debt reduction is also a priority for the company.

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Can’t take on big cement majors yet; will grow biz organically: Parth Jindal

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