India’s Rungta Group forays into cement manufacturing

India’s Rungta Group forays into cement manufacturing
Published: 21 August 2009

Rungta Mines Limited (RML) (Singhbhum, Jharkhand) has announced plans to develop a cement manufacturing plant in Orissa. RML, the flagship company of SR Rungta Group, has been primarily involved in iron ore mining and steel production ventures. In an effort to diversify the parent group’s businesses, RML has proposed to construct a cement plant with a production capacity of 1Mta at an estimated investment of US$123.14m.