Adani Group's Ambuja Cement Set to Invest Rs 1,600 Crore

Sat, 03 Aug 2024

In a significant development for the cement industry and the state of Bihar, Adani Group-owned Ambuja Cement has announced plans to invest Rs 1,600 crore in setting up a new cement grinding unit in Warisaliganj, Nawada district. This standalone facility will have an overall capacity of 6 million tonnes per annum (MTPA), making it one of the largest investments in the state by a cement industry player.

The investment is expected to generate significant employment opportunities and contribute to the local economy. The new unit will cater to the growing demand for cement in Bihar and neighboring regions, ensuring timely supply of high-quality cement products to customers.

With an overall capacity of 6 MTPA, the facility will be a major boost to the region's infrastructure development.

The announcement is seen as a positive step forward for economic growth in Bihar, which has been focusing on industrialization and infrastructure development. The investment is expected to create new job opportunities, both directly and indirectly, contributing to the state's overall economic prosperity.

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