Dalmia Cement to infuse Rs.2-3 bn in Belagavi plant

Dalmia Cement is planning to invest Rs.2-3 bn in its Belagavi plant over the next two years in a bid to increase cement production. This will create about 1,000 jobs and support Dalmia Cement in promoting its national production capacity to 48.5 mn tonne by 2024 and then to 100 mn tonne by 2031, from 36.9 mn tonne presently. The company will also be spending some of the promised amounts to establish a solar power capacity of about 9 MW. 

In 2015, Dalmia Bharat had forayed into Karnataka via its Rs.15 bn greenfield facility and has already generated nearly 3,000 direct and indirect jobs across the state.

Contact: Dalmia Cement

Tel: 04329-2351 27

E-mail: investorrelations@dalmiabharat.com

Website: www.dalmiacement.com