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Wonder Cement sets up third plant worth Rs 1,100 cr in Rajasthan

Thursday, 01 Aug 2019
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Wonder Cement, part of the RK Group, has set up its third cement plant at Nimbahera in Chittorgarh district of Rajasthan.

The new plant is built in just a year with an investment of Rs 1,100 crore and designed to meet burgeoning domestic demand. With this the overall investment across the three units is Rs 4,100 crore.

The company has increased its total production capacity to 11 million tpa.

It had set up its first unit at Nimbahera in 2012 with a three million tpa output and later added another four million tpa in 2015. The company had also invested around Rs 450 crore in 2018 to set up a two million tpa clinker grinding unit in Dhule, Maharashtra, which also marked its foray into the state.

The company also has further expansion plans across the country soon. It is planning to make an investment of Rs 800 crore by the end of FY20.

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