Lafarge invests $23 mln in Indian gypsum plant

NEW DELHI, July 4 (Reuters) - France's Lafarge (LAFP.PA: Quote, Profile, Research) said on Friday a unit had invested 1 billion rupees ($23 million) in a gypsum plant in India that would have an annual production capacity of 10 million square metres.

Lafarge said in a statement it currently sold 5-6 million square metres of gypsum in India, all of which was imported. ($1=43.2 rupees) (Reporting by C. J. Kuncheria; Editing by John Mair)