BK Birla Group's Kesoram Industries considers new grinding plants

BK Birla group's diversified Kesoram Industries already operates 7.5Mta of cement capacity with its wtwo cement plants near Sedam and Basantnagar, but it has the potential to acquire 700 acres of limestone reserves at Gulbarga, which could sustain new production plants.

Kesoram will analyse whether to construct grinding units on the Gulbarga site, where it owns the mining rights, said Tridib Kumar Das, whole-time director & CFO said after the annual general meeting of the company.

"Gulbarga has one of the finest limestone deposits in our country. We have a definite plan to get enough limestone mining area and around 700 acres of land on which we have mining rights can be acquired," Das told reporters.

"We are currently observing the developments in the cement industry including the consolidation that's happening to take a call as to whether we need to make investments in setting up grinding units or some other capacities there," Tridib said.