More than nine Indian cement companies has shown interest in investing a total of Rs.57.1 billion to set up nine cement plants in Chhattisgarh. The state government has signed separate memoranda of understanding (MoUs) with nine cement companies for setting up nine cement units with a total investment of Rs.57.1 billion.
UltraTech Cement Ltd will pump in Rs.11 billion, Shyam Century Infrastructure Ltd will invest Rs.5.5 billion, Adhunik Corporation Rs.7 billion, Aryan Ispat and Power Ltd Rs.5 billion, Bajrang Metallics and Power Ltd Rs.7.35 billion, Jayprakash Associates Ltd Rs.10.5 billion, Kasturi Cement Pvt. Ltd Rs.1.5 billion.
A dozen of more cement majors have lined up to invest in the state and the government will soon take a decision on these projects. There are more power projects also coming up in the state and other projects from different sigment of the industries are also having their activity in line.
UltraTech Cement Ltd will pump in Rs.11 billion, Shyam Century Infrastructure Ltd will invest Rs.5.5 billion, Adhunik Corporation Rs.7 billion, Aryan Ispat and Power Ltd Rs.5 billion, Bajrang Metallics and Power Ltd Rs.7.35 billion, Jayprakash Associates Ltd Rs.10.5 billion, Kasturi Cement Pvt. Ltd Rs.1.5 billion.
A dozen of more cement majors have lined up to invest in the state and the government will soon take a decision on these projects. There are more power projects also coming up in the state and other projects from different sigment of the industries are also having their activity in line.
In near future the total production of cement in India will jump in multibillion tones.
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