Dalmia Bharat to raise its cement capacity over 48 mt by 2024

01 Feb 2022 CW Team

Dalmia Bharat aims to increase its cement capacity to over 48 million tonnes (mt) by the end of 2024 from the present 35.9 MT by installing new plants and developing existing facilities, procurements, and debottlenecking of production with an investment of Rs 9,000 crore.

They have an ongoing project of 2.5 mt, greenfield of 3 mt, brownfield of 1.7 mt and development of about 5.3 mt. It will increase the capacity to 48.4 mt by March of FY24, as per Puneet Dalmia, managing director of Dalmia Bharat. Dalmia told the media that the firm has finalised land in Chennai and Tuticorin in Tamil Nadu to install two grinding units and is in an advanced stage of finalising land in Bihar for a new project.

For the December quarter of FY22, the firm recorded a consolidated net profit of Rs 103 crore, which was 44% lower year-on-year, on the back of slow demand and high-cost pressure. It was a challenging quarter. Yet, Dalmia anticipates the hit on profitability to be temporary and said demand is robust in India.

The company is additionally pumping in cost-efficiency technologies.They are making investments to decrease their cost structure.They are making investments to decrease power and heat consumption and new generation coolers and more.

The firm is additionally testing out electric vehicles, comprising electric trucks in Odisha, for transportation. If that works well, they will be funding Electric vehicles (EVs).The firm aims to handle its status of being net debt-free for the next few years.

Image Source

Also read: Dalmia Cement starts commercial production at its Murli Plant

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..