Dalmia Bharat Group plans US$293m investment in Odisha

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India: Dalmia Bharat Group plans to spend US$293m towards increasing its production capacity in Odisha. The cement producer has joined the 'Make in Odisha Conclave,' according to the Press Trust of India. It has a production capacity of 5.5Mt/yr from two plants in the state. Mahendra Singhi, Group chief executive officer of Dalmia Bharat Group, said that Odisha’s gross domestic product (GDP) is expected to grow by 12% by 2020. He added that the state government's commitment to industrial development is backed by industry-friendly policies that are already showing positive results.

Last modified on 06 December 2016

URL: https://www.globalcement.com/news/item/5557-dalmia-bharat-group-plans-us-293m-investment-in-odisha

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