Shree Cement to begin work on its Rs 600 cr project in West Bengal
Cement

Shree Cement to begin work on its Rs 600 cr project in West Bengal

Shree Cement, a subsidiary of the BG-HM Bangur group, is set to start work on its proposed project in Bengal within a month. The group plans to invest more than Rs 600 crore in the cement grinding unit.

This will be the company's first production facility in the state where it is headquartered. Shree Cement's MD, H M Bangur, told the media that West Bengal is now ready for large investments. In a webinar hosted by the Calcutta Chamber of Commerce, Bangur was going to speak with WBIDC chairman Rajiva Sinha.

Shree Cement's joint MD, Prashant Bangur, told the media that the cement grinding unit would cost more than Rs 600 crore. The project's capacity would be 3 million tonnes (mt). For the cement project, it has purchased 80 acres. Bangur continued, Direct employment would be 150, while indirect employment would be over 1,000.

Shree Cement's current capacity is 44 million tonnes (mt), and this would increase it to 47 million tonnes. Only Ultratech and Holcim can match this capacity. H M Bangur first announced the project during the Bengal Global Business Summit in 2021.

H M Bangur said earlier in the webinar that he is now a big fan of Bengal. The state's growth outpaces the national average, and public perception has shifted in the last year. No man-days have been lost in the last ten years, and the work culture has improved as well.

Bangur also suggested that the state government consider reducing the number of incentives currently available, but instead provide incentives to businesses upfront. WBIDC chairman Rajiva Sinha told the media that the organisation has begun gathering data on the presence of large corporations in the state.

Image Source


Also read: Shree Cement Pune plant: Commissioning delayed due to Covid-19

Shree Cement, a subsidiary of the BG-HM Bangur group, is set to start work on its proposed project in Bengal within a month. The group plans to invest more than Rs 600 crore in the cement grinding unit. This will be the company's first production facility in the state where it is headquartered. Shree Cement's MD, H M Bangur, told the media that West Bengal is now ready for large investments. In a webinar hosted by the Calcutta Chamber of Commerce, Bangur was going to speak with WBIDC chairman Rajiva Sinha. Shree Cement's joint MD, Prashant Bangur, told the media that the cement grinding unit would cost more than Rs 600 crore. The project's capacity would be 3 million tonnes (mt). For the cement project, it has purchased 80 acres. Bangur continued, Direct employment would be 150, while indirect employment would be over 1,000. Shree Cement's current capacity is 44 million tonnes (mt), and this would increase it to 47 million tonnes. Only Ultratech and Holcim can match this capacity. H M Bangur first announced the project during the Bengal Global Business Summit in 2021. H M Bangur said earlier in the webinar that he is now a big fan of Bengal. The state's growth outpaces the national average, and public perception has shifted in the last year. No man-days have been lost in the last ten years, and the work culture has improved as well. Bangur also suggested that the state government consider reducing the number of incentives currently available, but instead provide incentives to businesses upfront. WBIDC chairman Rajiva Sinha told the media that the organisation has begun gathering data on the presence of large corporations in the state. Image Source Also read: Shree Cement Pune plant: Commissioning delayed due to Covid-19

Next Story
Infrastructure Urban

India Spent Rs 1.5 Tn on Smart Cities in Past 10 Years

The Indian government launched the Smart Cities Mission on June 15, 2015, with the goal of transforming urban infrastructure across the country. As of April 11, 2025, ten years since its inception, over Rs 1.5 trillion has been spent on 7,504 completed projects, representing 94 per cent of the total planned projects valued at more than Rs 1.64 trillion. An additional Rs 131.42 billion worth of projects are currently under implementation. According to data from SBI Research, 92 per cent of the funds were utilised across 21 major states, with Uttar Pradesh, Tamil Nadu, and Maharashtra together ..

Next Story
Infrastructure Energy

Hyundai’s EcoGram Converts Gurugram’s Waste to Clean Energy

Hyundai’s EcoGram, a biogas plant and material recovery facility located in Gurugram, Haryana, has been established to support circular economy initiatives. The facility collects both wet and dry waste from 20 bulk waste generators, including residential welfare associations (RWAs), corporate offices, and commercial complexes, with assistance from the Municipal Corporation of Gurugram (MCG). At the facility, the collected waste undergoes processing—wet waste is converted into biogas, which is then used to generate electricity, while dry waste is sorted for recycling. Since its inception,..

Next Story
Infrastructure Transport

Metro Line 8 DPR Nears Completion; CIDCO to Float Rs 200 Bn Tenders

The City and Industrial Development Corporation (CIDCO) is nearing completion of the Detailed Project Report (DPR) for Metro Line 8, commonly known as the Gold Line. This strategic 34.9-kilometre corridor is set to link Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the upcoming Navi Mumbai International Airport (NMIA). Estimated to cost around Rs 200 billion, the project is being developed under the Public-Private Partnership (PPP) model. Once completed, Metro Line 8 will become Mumbai's second such corridor after Metro Line 1. CIDCO plans to float tenders once ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?