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News Ramco Cements to invest US$154 – 167m in capital expenditure over two years

Ramco Cements to invest US$154 – 167m in capital expenditure over two years

Written by Global Cement staff 09 June 2022
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India: Ramco Cements plans to make capital expenditure (CAPEX) investments of US$154 – 167m in the 2023 and 2024 financial years. At the beginning of the 2023 financial year on 1 April 2022, Ramco Cements’ net debt was US$489m. It plans to pay back US$64.3m during the current financial year, with the ultimate aim of becoming net debt-free before the 2026 financial year.

Last modified on 15 June 2022
Published in Global Cement News
Tagged under
  • India
  • Ramco Cement
  • capital expenditure
  • Investment
  • Strategy
  • growth
  • Debts
  • GCW561
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