Ambuja Cements plans ₹3,500 crore expansion

Swiss-based Holcim Group's Ambuja Cements unit has announced an investment of ₹3,500 crore for the expansion of around 7 mt across its existing grinding units at Sankrail and Farakka in West Bengal and for a greenfield expansion at Barh in Bihar.

The company is also looking at expanding an existing 3.2-million-tonne clinker facility at Bhatapara, Chhattisgarh.

"The board has approved in principle an investment of ₹3,500 crore for a cement grinding expansion plan of potential 7.0 million tonnes across our existing grinding units at Sankrail and Farakka," said Neeraj Akhoury, CEO of India Holcim and Ambuja Cements. The investment will also cover Barh expansion. Currently, Ambuja Cements has an annual cement production capacity of 31 mt.