Kesoram Shifts Focus to Rayon, Paper After Cement Demerger

Kesoram Industries, after selling off its cement business, is now concentrating on making rayon and transparent paper.

This means the company is shifting its focus.

They believe there's a good chance to grow in these areas.

They're also looking for a partner to help them.

Even though Kesoram made a big profit from selling the cement part, its subsidiary, Cygnet, which makes the rayon and paper, lost money.

The company is also planning to make its business better by saving costs and running things more efficiently.