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of <h1>Cement Giant Expands Footprint with 60% Stake Acquisition, Boosting Regional Infrastructure and Economic Growth</h1> A leading cement company completed a joint venture by acquiring a 60% stake in a regional cement manufacturer, marking its first direct investment in Jammu & Kashmir. The strategic partnership aims to boost infrastructure development, create employment opportunities, and drive sustainable industrial practices in the region. The acquisition involves a manufacturing unit in Srinagar with clinker and grinding capacities, signaling commitment to local economic empowerment.
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