Shree Cement plans Rs 60 billion investment for capacity boost

22 Jun 2023 CW Team

Shree Cement has announced its plans to expand its production capacity and establish a new grinding facility in Bengal. The company aims to achieve a production capacity of 80 million tonne (MT) by 2030. It has decided to undertake four projects, which collectively add up to 10.5 MT of cement capacity. The investments required for these projects are estimated to be around Rs 55 to 60 billion.

The new plants will be located in Uttar Pradesh, Punjab, Karnataka, and one in Bengal near the Sankrail-Kolaghat area. Shree Cement has already applied for government clearances for acquiring land in these locations. As soon as the approvals are received, the company will begin the construction work.

These four upcoming units will be in addition to the three plants that the cement giant, headquartered in Calcutta, is currently building. These additional units will be situated in Purulia (Bengal), Nawalgarh (Rajasthan), and Guntur (Andhra Pradesh).

Upon completion of these projects, Shree Cement's overall capacity will increase from the existing 46.4 MT to 55.9 MT. The Purulia plant in West Bengal, which includes a three MT grinding unit, is expected to be completed within the next 10 days.

This expansion will enable the company to have a total grinding capacity of 5.5 MT.

Also read:
Shree Cement expanding manufacturing capacity
Kamdhenu Paints aims four-fold revenue growth, targets Rs 10 bn by 2028

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..