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Dalmia Cement to set up 2 units in Tamil Nadu at Rs 2600 cr over 4 years
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Dalmia Cement to set up 2 units in Tamil Nadu at Rs 2600 cr over 4 years
May 12, 2022 11:11 AM

Cement-maker Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Ltd, has chalked out a Rs 2,600-crore investment plan spread over the next four years to take up expansion of its existing facilities and also set up new manufacturing units in Tamil Nadu, a top official said on Thursday. The company will set up two greenfield grinding units with a capacity of producing two million tonne per annum each, Regional Director of Dalmia Cement Sunil Aggarwal said.

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Also read: Dalmia-OCL to merge domestic units into consolidated entity

"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. To a query, he said the company expects to generate 500 new jobs in Virudhunagar with the setting up of the new unit and it would augment the existing facilities.

Also read: Optimistic that cement prices will move up in Q4FY22: Dalmia Bharat

Aggarwal said the company would be required to spend around Rs 600-800 crore for the grinding unit in Virudhunagar in the first phase. Dalmia Cement (Bharat) Ltd currently has two manufacturing units in Tamil Nadu — one in Tiruchirappalli and the other at Ariyalur, he said. Recently, for setting up the new units, the company signed a memorandum of understanding (MoU) with the Tamil Nadu government.

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