Dear Shareholders,
As India''s industrial and economic scenario becomes more favourable,
Mangalam Cement is implementing relevant strategies to strengthen its
business model and emerge as a key industry player. Throughout its
journey, the Group has always guided the Company with its value,
expertise and experience. I believe that Mangalam Cement will emerge
stronger with considerable presence in the cement industry.
I also congratulate the Mangalam team on successful completion of the
projects and to have increased capacity by 1.25 MVITPA. With the
renewed thrust on infrastructure development and much needed reforms
coming in, cement demand should increase, Mangalam Cement is now better
equipped to enhance value creation in the coming years.
With best wishes
Basant Kumar Birla
