DCM Shriram Limited announced that at its board meeting held on January 29, 2019, the board approved an investment of INR 10,700 million for the following expansion of projects are Flaker Plant, Caustic Soda and Captive Power Plant. The above projects are to be financed through internal generations and debts. All the said existing plant(s) are running at their full capacity (except routine maintenance shutdown) and the rationale for the capacity addition is to meet growing demand. This expansion will help in maintaining market share and deriving economies of scale.