Birla Corporation has proposed building a US$375m cement plant at Mukutbandh near Nagpur in Maharashtra. Company chairman made the announcement following the company’s annual general meeting, according to the Press Trust of India. The proposal will now go to the company’s board for approval. The plant will have a production capacity of 4Mt/yr. It will be financed from a mixture of debt and internal funds.
Chettinad Cement has received approval from the Odisha State-level Single Window Clearance Authority (SLSWCA) for an investment proposal to build a 2Mt/yr cement grinding plant at the Kalinga Nagar Industrial Complex in Jajpur district. The project is budgeted at US$36m, according to the Press Trust of India.
The Cement Manufacturers' Association (CMA) has elected Mahendra Singhi, the group chief executive officer (CEO) and director of Dalmia Cement (Bharat), as its new vice president. Singhi has previously served as president of the Rajasthan Manufacturers Association. He is a science and law graduate by training and also a chartered accountant.