ACC Ltd has expressed interest in building a 2Mt plant in Bengal.
The company, owned by Holcim, has held talks with state government officials on the project.
The estimated investment could be in the range of Rs 300-500 crore, depending on the product mix.
Apart from a grinding unit, ACC may also set up a ready-mix concrete plant.
When contacted by The Telegraph, ACC managing director Sumit Banerjee confirmed that the company had looked at a site near Kharagpur, though it was yet to firm up plans.
“We do look for land for strategic reasons at different sites. At present, we do not have any firm plans for a grinding unit in Kharagpur. It is one of the many possible sites. However, it must be said that Bengal and Calcutta, in particular, are important to us. In the long term, we would love to move closer to this market,” Banerjee said.
In Bengal, ACC has a 0.5Mt grinding plant in Durgapur and two ready-mix concrete units.