Shree Cement to set up Rs 1,500 cr greenfield cement factory in Guntur
Cement

Shree Cement to set up Rs 1,500 cr greenfield cement factory in Guntur

Shree Cement’s managing director HM Bangur and Joint MD Prashant Bangur along with a delegation called on Chief Minister YS Jagan Mohan Reddy in the latter’s camp office at Tadepalli and plans to set up a greenfield cement plant in Guntur district worth Rs 1,500 crore.

Shree Cement’s Joint MD Prashant Bangur has promised to conclude the project in two years. The company has cement production and allied sector facilities in nine States, and this will be its first facility in Andhra Pradesh.

Discussions were conducted on installing the cement facility at Pedagarlapadu village in Dachepalli Mandal of Guntur district.

The Chief Minister told the media that Andhra Pradesh is the best destination for investments and explained the incentives being provided to the Industries sector in the state.

Speaking on the occasion, the Shree Cement MD said that the Chief Minister has been operating wholeheartedly to enhance the position of the state. The Chief Minister was working as a Chief Executive Officer (CEO) of a firm.

He said that they were aiming to set up the cement facility in AP as the development rate of the state is higher than the national growth rate, and it will enhance more. JMD Prasanth Bangur said that installing a large cement facility would employ many people, directly and indirectly, thereby ensuring the area's development.

Image Source

Shree Cement’s managing director HM Bangur and Joint MD Prashant Bangur along with a delegation called on Chief Minister YS Jagan Mohan Reddy in the latter’s camp office at Tadepalli and plans to set up a greenfield cement plant in Guntur district worth Rs 1,500 crore. Shree Cement’s Joint MD Prashant Bangur has promised to conclude the project in two years. The company has cement production and allied sector facilities in nine States, and this will be its first facility in Andhra Pradesh. Discussions were conducted on installing the cement facility at Pedagarlapadu village in Dachepalli Mandal of Guntur district. The Chief Minister told the media that Andhra Pradesh is the best destination for investments and explained the incentives being provided to the Industries sector in the state. Speaking on the occasion, the Shree Cement MD said that the Chief Minister has been operating wholeheartedly to enhance the position of the state. The Chief Minister was working as a Chief Executive Officer (CEO) of a firm. He said that they were aiming to set up the cement facility in AP as the development rate of the state is higher than the national growth rate, and it will enhance more. JMD Prasanth Bangur said that installing a large cement facility would employ many people, directly and indirectly, thereby ensuring the area's development. Image Source

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?