The Nitish Kumar-led
government in Bihar, India has received proposals for investment worth Rs 400
crore from cement companies, Ambuja Cements and the Birla Corporation.
Ambuja Cements, one
of the top manufacturers, has proposed setting up of a cement grinding
unit of one million tonne capacity in Barh at an investment of Rs 138
the flagship company of the MP Birla group, has proposed setting up of
a one million tonne grinding unit in Barh.
Apart from these big
names, there are others too. Century Plywood, a leading plywood
producer, has announced an investment of Rs 119 crore for a one million
tonne cement grinding unit in Kahalgaon.
BK Group, a
Kolkata-based company that has cement units in Assam, has proposed an
investment of Rs 137 crore for setting up a manufacturing unit near
Barauni thermal power station.
“The proposals of
both Ambuja and Century have been cleared by the state investment
promotion board (SIPB) and the cabinet. However, the proposals of Birla
Corp and BK Group are awaiting cabinet nod after getting approval in
principle from the SIPB,” said a state government official.
But there’s a hitch.
The eastern region, of which Bihar is a part, is not a major
consumption centre since most of the construction boom is taking place
in northern and southern states. Moreover, Bihar is short of power and
the companies setting up units in the state will have to depend on
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