International Development News
Development News Edition
Give Feedback

BIZ-CEMENT-BENGAL


PTI Kolkata
Updated: 30-11-2018 18:21 IST

West Bengal's cement capacity is

likely to see robust expansion to the tune of about 10 million

tonne in the next few years, officials said on Friday.

State Finance Minister Amit Mitra said the capex of

the state is at Rs 19,000-20,000 crore, a rise of 8.5 times

since 2011-12, which had an impact on cement demand.

"When we came to power (in 2011), there were only five

cement companies with a combined capacity of 4.8 million

tonne. Now, there are 16 companies with a total installed

capacity of about 20 million tonne," Mitra said at 'Cementing

India', organised by the Indian Chamber of Commerce here.

A number of cement companies have announced expansion

plans in the state, including JSW Cement (2.4 million tonne to

4.8 million tonne) and Dalmia Cement (1.7 million tonne to 4

million tonne).

Star Cement will set up a greenfield grinding plant at

Jalpaiguri district of 2-million tonne capacity.

"The combined new cement capacity expansion of the

industry in West Bengal is about 10 million tonne over the

next two-three years," said Star Cement Director Sanjay

Agarwal.

Cement growth in the eastern region and West Bengal is

close to 18-19 per cent, the officials said.

Mitra also urged the cement makers to consider

integrated plants in the state, where grinding units

are more common due to the lack of limestone deposits.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : India