India’s Kanodia Cement, which developed from a cement retailer to a manufacturer plans to double its cement grinding capacity from 5.0 to 10 Mta. Kanodia is looking to raise funds of INR8bn (US$ 95.12m) through an initial public offering (IPO). At the moment the company operates three cement grinding plants in Sikandarabad / Bulandshahar, Bihar and Uttar Pradesh (photo). The marketing zones include western Uttar Pradesh, Uttarakhand, Haryana, Bihar, and Delhi. However, the Amethi plant is well-positioned also to meet the growing demand in central and eastern Uttar Pradesh.