UltraTech Cement is preparing to set up a 3Mta clinker grinding unit in Cuttack district, Odisha, India.

The INR5.59bn project,which will be funded through a bank loan, will be located on a 36.4ha site. It is expected to provide employment to 120 people.

The company has received environmental clearance for the project, which is expected to start by October 2019.

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