Wednesday, July 30, 2014

SRI LANKA: Maha cement to enter SL market

Maha Cement of My Home Industries Limited (MHIL) – a part of the INR 23 billion conglomerate operating from Hyderabad, India, has planned a major penetration into the Sri Lankan market.

A launch meet in this regard was held at Hilton, Colombo, recently where Sri Lanka Standards Institution Director General Lalith Senaweera was the chief guest.

Speaking at the launch, Sabasiva Rao, Executive Director, MIHL said, "Maha cement is known for its brand and latest technology. We are expanding our business to SAARC nations and other countries. This is why we are going to enter the Sri Lankan market in a big way", he said.

"Sri Lanka Standards Institute (SLSI) has awarded SLS certificate to Maha cement after ensuring that our quality control processes are as per the requirements of the SLS."

"MHIL‘s Maha cement is one of the top brands in about 10 states in South and East India. Maha cement is a preferred brand of cement used in infrastructure projects and government projects there."

"MHIL currently has 8.40 million tonnes cement production capacity and will increase it to 10 million tonnes by 2015."

"It has also been proposed to set up a cement plant in Tamil Nadu which is in close proximity to Sri Lanka," he said.

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