Lafarge says they will double their commitment in India over the next five years. Bruno Lafont, Chairman and Global CEO says that Lafarge primarily intends to expand organically through greenfield plant construction, but that they will not rule out acquisitions if the opportunities present themselves. Lafarge expects a consolidation in the Indian cement market in the “mid term” over the next five years. “And, if you are well prepared, you can seize the opportunity. We are open to both the possibilities. Our strategy is to invest in cement, select regions for it and to create excellent positions there,” He went on to add that Lafarge is still focused on preserving capital, and “Our strategy is to give priority to cement sector in emerging markets.” We commented on this emerging market focus by the big producers, and the opportunities it may present in the developed markets, in an earlier post.