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
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
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.)