Binani Cement has an operating capcity of 11.25 MTPA across India, China, and Dubai, and has good limestone reserves in Rajasthan
Jindal said the vision was to build a cement capacity of 20 mtpa by 2020
The auction was finally won by Ambuja Cement, a subsidiary of Swiss giant Lafarge-Holcim and party to JSW's suit
Post-IPO, according to Jindal, the company will be targeting at reaching 30 MT capacity by 2025