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New UserEmami eyes pan-India cement footprint in 5-7 years
27 Jul 2016
A: Emami group plans to have a national footprint for its cement business in next 57
years by setting up plants in Rajasthan and Karnataka.
"We have plans to set up cement plants in Rajasthan and Karnataka. After that we will have a national footprint in cement in the next five
to seven years," Director of Emami Group Aditya Agarwal said.
Emami Cement, a group company, is in the process of setting up a plant at Panagarh in West Bengal with a capacity of 2 million tonnes
per annum (mpta) at a cost of Rs 500 crore. Agarwal said the plant would be ready by December.
He said the clinker plant at Chhattisgarh was operational with a capacity of 5 mtpa involving an investment of Rs 3,000 crore in all the
plants.
Agarwal said another plant would come up in Odisha with a capacity of 1.5 mtpa.
"From cement, the expected annual revenue would be Rs 2,500 crore to Rs 3,000 crore per year," he said.
Emami today laid the foundation stone of its edible oil plant expansion at Haldia in West Bengal.
The expansion would take the capacity from 3,000 to 4,000 tpd at a cost of Rs 300 crore and also a 7.5 mw captive power plant.
West Bengal Transport Minister Suvendu Adhikari said the expansion would provide employment to 200 peop
SOurce: Economic Times