Reliance Anil Dhirubhai Ambani Group (ADAG) is planning to set up a 5.5Mta cement plant in Karnataka, India with an investment of INR1500 crore. “The company has shown interest to build the cement plant in Chittradurga district,” VP Baligar, principal secretary of the commerce and industries department, government of Karnataka, said.
According to official sources, the Karnataka government is expected to sign a Memorandum of Understanding with Reliance during the forthcoming Global Investors Meet scheduled in the first week of June.
