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Dalmia Cement to set up Rs 3k-cr plant in Madhya Pradesh

Thursday, 24 Oct 2024
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Dalmia Cement will set up a new cement plant, with a capacity of four million tonne, in Madhya Pradesh at a cost of Rs 3,000 crore. It will also be the first unit in the country to run on 100 percent renewable energy, as announced by Group Managing Director Punit Dalmia, while addressing the fifth Regional Industry Conclave (RIC) in Rewa district. For skill development, the Group will set up a Diksha Centre in the state.

During the event, the state government received investment proposals worth about Rs 31,000 crore, expected to generate 28,000 employment opportunities. While calling upon industrialists to invest in the state, Chief Minister Mohan Yadav highlighted the pro-investment policies of the state. He also announced an incentive amount of Rs 5,000 to women working in industrial units.

Patanjali Group announced that it will set up a food processing industry in Rewa at Rs 1,000 crore outlay, and has also planned for a Yoga and Ayurveda centre in Ujjain.  Siddharth Infratech proposed to invest Rs 12,800 crore, while Ritvik Projects to invest Rs 4,000 crore in the renewable energy sector. KJS Cement evinced intention to invest Rs 1,400 crore and Rama Ply pledged Rs 500 crore.

During the event, letters of intent (LoIs) were issued to 85 industrial units, while 146 acres of land was allotted for industrial activities with a total investment of Rs 918 crore.

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