Vicat, Sagar Cements form venture to build cement plant, …
The Vicat Sagar venture will be 51 per cent owned by Vicat and 49 per cent by Sagar, with Vicat acquiring a 6.6 per cent shareholding in Sagar Cements. The Gulbarga plant, to be built on a greenfield site, will produce 5.5Mt of cement a year on two clinker production lines, each with a capacity of 6,000tpd.