ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Continued Diversification

Continued Diversification Hansavivek LARSEN AND TOUBRO continues to expand and diversify its activities. Its cement plant at Awarpur commenced trial production in October last and has achieved commercial production. Implementation of second phase of project is in progress and the project is scheduled to be commissioned by mid-1987. Company's cement has been very well received in market and is considered to be of a high quality. Steps are being taken to set up new manufacturing facilities at a cost of about Rs 31 crore at Hazira in Gujarat for production of equipment for nuclear power and heavy water projects. To finance these projects, company proposes to raise additional finance of Rs 70 crore

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