Visaka Industries' Rs 1.3 bn plant would be operational in West Bengal

22 Dec 2022 CW Team

The manufacturer of building materials Visaka Industries announced August 2023 as the opening date for its Rs 1.30 billion West Bengal factory. With the completion of the project, 3.5 lakh tonne of environmentally friendly boards and panels would be produced annually.

This will be the first such facility in the eastern state and Visaka's fifth cement fibre board mill overall.

With an investment of Rs 1.3 billion, the plant, which will open in Paschim Medinipur district in August of next year, would be their second production facility. There, the first factory for producing cement roofing sheets was built in 2003.

For 500 people in the Salboni area, the initiative will result in immediate work opportunities.

Also read:
Ambuja, ACC cement operations shut down at Darlaghat, Gagal
West Bengal seeks more investment in cement sector

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..