Displaying items by tag: JSW Cement

India: JSW Cement plans to bid for Binani Cement. Managing director Parth Jindal said that the cement producer would partner with a private equity fund to make the offer, according to the Economic Times newspaper. He added that the company is looking for acquisitions in the cement sector. It has also made a bid for Kalyanpur Cement that has a cement production capacity of 1Mt/yr in Bihar. The company aims to reach a production capacity of 20Mt/yr by 2020.

India: Parth Jindal has been appointed as Managing Director of JSW Cement. He will assume the position in July 2016 and will be assisted by Anil Kumar Pillai as CEO, according the Business Line.

Jindal is the son of Sjjan Jindal, the chairman of JSW Group. The 25-year old has worked previous as an Economic Analyst for JSW Steel amongst other positions in the group. He is also the chief executive of the group's sport company, which owns Bangalore Football Club.