Features The lure of Africa 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition Heidelberg Materials acquires Malaysia's largest fly ash Driving sustainability and decarbonization in Southeast May 03, 2024 Financial Summit Materials shares first quarter results Company showcases substantial growth and a positive May 03, 2024 MOST READ Markets & Competition US cement market insights unveiled Explore the latest trends and figures in the US cement April 29, 2024 Markets & Competition Bamburi Cement faced 111 power outages last year Cement manufacturer faced various power outages due to April 26, 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