Cement companies eye Rajasthan markets, India

Cement companies eye Rajasthan markets, India
07 April 2010

Leading Indian cement companies are planning major expansion including setting up new plants in Rajasthan.

According to sources the state government has received investment proposals worth INR10,000 crore from various manufacturers.

“Leading cement companies like Grasim, Lafarge India, Aditya Cement, Birla Corporation, Shree Cement, JK Cement, etc have pledged investment of INR10,000 crore in the state. The state can get cement plants worth 20Mta in the next three years,” the source said.

Rajasthan has limestone deposits of around 21,0000Mt, of which around 10,5000Mt is cement grade mineral. Limestone is found in 25 out of 32 districts in the state with large traces in Chittorgarh, Jaisalmer, Jhunjhunu, Nagaur, Pali, Sikar, Bundi, Jodhpur, Kota and Udaipur.

Source: Business Standard

Published under Cement News