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Cement cos diverge on expansion plans amid West Asia uncertainty

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Cement cos diverge on expansion plans amid West Asia uncertainty

Mumbai: Large cement producers are taking a contrasting approach to spending in the backdrop of the West Asia crisis, with a section continuing to aggressively invest for growth, while others are taking a step back to calibrate costs in the world's second-largest market for the building material. The total spend on capital expenditure by the top five cement producers is…

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