India: India's infrastructure major, Reliance Infrastructure Ltd (Reliance Infra) has entered the Indian cement market with 'Reliance Cement' via its subsidiary Reliance Cement Company Pvt Ltd.
"The company now commercially enters into the Indian cement market, which has been on a robust growth trajectory for more than a decade, led by buoyancy in sectors like real estate, infrastructure and construction," said a Reliance Infra statement yesterday.
Reliance Infra will manufacture Portland pozzolana cement at its Butibori plant in Maharashtra state and deliver it mainly to the Vidharbha region.
"We will initially cater to the Vidharbha market (in Maharashtra state) focusing on districts like Nagpur, Wardha, Chandrapur, Bhandara, and Amrawati. Later we will expand our marketing and distribution networks to other districts," said Reliance Cement vice chairman, Sumit Banerjee.