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Ramco Cements to setup grinding plant in Odisha: Report

31 Dec 2015 Evaluate

Ramco Cements is reportedly planning to setup a 0.9 Mta cement grinding plant at Choudwar, district Cuttack, Odisha. The estimated cost of the project is Rs 406 crore ($61.21 million). The project has received clearance from the Government of Odisha, with construction set to commence in Q1 2016.

Ramco Cements formally known as Madras Cements (MCL) was established in 1957, is part of Ramco Group, a well known business group of South India. It is based at Chennai. The company is the fifth largest cement producer in the country. Ramco Supergrade is the most popular cement brand in South India.

Peers
Company Name CMP
Ultratech Cement 10746.45
Ambuja Cements 349.00
ACC 1136.00
Shree Cement 22215.25
Dalmia Bharat 1619.75
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