Dalmia Cement propose to invest Rs 2,600 crore in next four years in Tamil Nadu

Regional Director, Sunil Aggarwal said that the grinding unit at Virudhunagar would require funding of around Rs. 600 – 800 crore in the primary phase.

On Thursday, Dalmia Cement (Bharat) Ltd., a subsidiary of Dalmia Bharat Ltd. has announced an investment plan of Rs 2,600-crore which will be carried out over the next four years to take up expansion of its existing facilities and also set up new manufacturing units in Tamil Nadu.

Aggarwal said the company propose to set up two Greenfield grinding units at the facility. “We have identified land in Virudhunagar district. It is a Greenfield project. The capacity will be two million tonne per annum. For the second unit, we are looking at south of Chennai,” he told PTI.

He hinted that this initiative will help generate up to 500 new jobs in Virudhunagar and it will also augment the existing facilities.

Aggarwal said that the grinding unit at Virudhunagar would require funding of around Rs 600-Rs 800 crore in the first phase.

Currently two manufacturing units are already running in Tamil Nadu, one in Tiruchirappalli and the second facility at Ariyalur. The company has signed a new memorandum of understanding (MoU) with the Tamil Nadu government for setting up another unit as per official sources.

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