India's Jaypee Group to Invest $2.3 Billion to Support Upcoming Infrastructure Projects

---

Researched by Industrial Info Resources India (New Delhi, India)--India's Jaypee Group (Noida, Uttar Pradesh) is launching several projects to increase the company's cement production capacity. The projects require a combined investment of approximately $2.3 billion. The Jaypee Group, which is one of the largest cement manufacturers in India, plans to reach 42 million tons per year of cement production capacity by 2013-14. The company currently has an annual production capacity of 15 million tons. To achieve this target, the company has undertaken various brownfield and greenfield projects.

The Jaypee Group is a major player in infrastructure development, which includes large-scale commercial and residential projects. The company is producing some of the largest planned townships in northern India, in the fastest growing region of South Asia--the national capital region of Delhi (NCR). The company has various projects that are either in the planning stages or are under way that will allow millions of Indian citizens to realize the dream of owning their own house. Massive theme parks, IT parks, golf courses, a Formula-1 racing track, and sports complexes are under way with planning and construction.

Construction of the $2.2 billion Yamuna freeway and the $4 billion Ganga freeway project have been awarded to the Jaypee Group as well. To meet the cement demand from these massive infrastructure projects, Jaypee has launched a program of in-house capacity expansion. The Jaypee Group, along with its subsidiaries, is working overtime to pump up the production volume to 42 million tons per year by 2014.

India is the second-largest cement manufacturer in the world, and with this investment in place, the Jaypee Group will become one of the world's largest cement producers.

Information on Jaypee's cement production expansion projects is available in Industrial Info's International Metals & Minerals Database.

View Project Report - 300031670 89001103 300031682 300033083 300032623 300031899 300032187 300032633 300031960

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.