Features The lure of Africa 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Environment Cemvision intensifies partnership with Peab on green cement Partnership with Cemvision marks sustainability May 14, 2024 Plant Expansions Bey Çimento expands with two cement factories Investments signal growth in cement May 14, 2024 MOST READ Markets & Competition Botswana to ban cement imports Government implements cement import ban to reduce import May 07, 2024 Environment Prometheus Materials produces cement with algae Startup innovates zero-carbon May 06, 2024 The lure of Africa More and more Indian cement firms are turning their eyes to Africa in search of growth opportunities. While the region is not unexplored territory for many Indian companies, it is providing new potential avenues for expansion for cement manufacturers. Still, it is not an easy-to-navigate opportunity as domestic companies and many other foreign operators continue to add capacity at a rapid rate. Local Indian companies are looking abroad for opportunities. Bolstered by the growing economy, more cash in hand, increased competition and an often-crowded industry, more companies are looking outside of India to grow operations and to diversify holdings. While in the past the government has not been as supportive of Indian companies investing outside its borders with regard to capital and foreign exchange resources, this has begun to change as officials have begun to recognize the growth potential such investments will have for India's own domestic market. Read the rest of the article in the India Cement & Construction Materials issue 6. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline