Zuari Cement is planning to ramp up its capacities in spite of the tough market conditions in the country, particularly in South India.
For this purpose, the company plans to invest Rs 2,500 crore. It is setting up a cement grinding unit at Auj and Shingadgaon in Solapur, a terminal in Kochi, and an integrated cement plant at Gulbarga. The new plant at Gulbarga will have a capacity of three million tpa.
Further, the cement grinding unit at Auj and Shingadgaon in Solapur will have a production capacity of one million tpa of cement and is expected to be operational by the second quarter of 2015. The unit is designed to double its capacity as part of the future plans to cater to the growing demand in Maharashtra.