RHI Magnesita will merge three Indian subsidiaries to capture growth opportunities

By Davide Ghilotti
Published: Wednesday, 01 August 2018

The new company - RHI Magnesita India - will be better positioned to expand its presence in the Indian refractories market, which has significant growth opportunities while steel capacity develops and local companies innovate.

Refractories group RHI Magnesita is looking to merge its three Indian businesses into a new company to be called RHI Magnesita India - a move aimed at strengthening the company’s operations in what is described as "the strategically important Indian market."

RHI Magnesita operates two direct subsidiaries in the country,...

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