OCL India
(formerly Orissa Cements) plans to invest Rs.160 crore in raising
the capacity of its Rajgangpur plant in Sundergarh district of
Orissa. Capacity will be scaled up to 2 million tpa from the
existing 1.5 million tpa.
The Dalmia
group-company recently set up a new grinding unit at Orissa. OCL
manufactures and markets cement under the "Konark"
brandname and has a leading market share in the eastern India
market.
The capacity
expansion would provide support the company's plans of
penetrating into newer markets of West Bengal, Chhattisgarh and
Jharkhand.