India Cements is on schedule to commence operations at a captive coal mine in IndonesiaThe acquisition has been strategised by the company to integrate its supply chain and protect itself from the fluctuating international coal price. Te coal mine has been acquired by India Cements for $ 20 million.India Cements is one of the country’s largest cement manufacturers with a capacity of around 15 million tonnes. The cement industry in India has been offset by a rise in fuel and power costs, higher interest rates and sluggish growth in demand for cement.