LafargeHolcim's entire 11 million tonne per annum annual capacity in India is being sold, it is reported.
The latest development comes after the Switzerland-based cement company's deal with Birla Corporation (BCL) to sell 5.1 million tonne/year capacity in the country hit a roadblock.
As announced on 4 February 2016, LafargeHolcim and BCL were no longer in talks for the sale of the Sonadih and Jojobera cement plants in eastern India.
Lafarge India’s decision to cancel the deal, however, has not be