Mayuresh Joshi of Angel Broking told CNBC-TV18, “I think South based cement player, if you look at the capacity, they have got a capacity of eight million tonnes per annum (MTPA) and if you look at the existing capacity which they have got, 3 MTPA at Devapur in Andhra Pradesh and 2 MTPA in Jalgaon. Now, the proximity of these plants is very important for a company like Orient Cement, specifically for the plant at Devapur.”
