Dalmia plans Rs 3500 crore investment

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Tiruchirapalli, Feb 13 (UNI) Dalmia Cement (Bharat) Limited is planning an additional investment of Rs 3500 crore for capacity expansion.

Dalmia Cement CEO T Venkatesan told newspersons here that the company had already committed an investment of Rs 1500 crore to increase its production capacity.

He said the investments would increase the production capacity to 14 million tonne from the present six million tonne.

The capacity at their Dalmiapuram plant would be increased to 4.5 million tonne from 3.5 million tonne and at Orissa plant, the capacity would be increased from two million tonne to 5.5 million tonne by end of next fiscal.

He said while their new plant at Cudappa in Andhra Pradesh was expected to start commercial production by September this year, the Ariyalur plant in Tamil Nadu would begin commercial production in next year.

He said the company proposed to establish new units in Karnataka, Rajasthan and Meghalaya.

UNI RV AJ 1005

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