MoneyWorks4Me

Ambuja Cements to invest Rs 2,000 crore for capacity expansion

29 Dec 2012 Evaluate

Ambuja Cements is planning to invest Rs 2,000 crore for capacity expansion in Rajasthan and northern regions. It aims to add five million tonne capacity to the company’s total production through proposed project at Rajasthan. The entity has decided to increase capacity of its Sankrail grinding unit in West Bengal to 2.4 million tonnes at an investment of Rs 325 crore, while it will add 1.5 million tonne a year at Gujarat besides a one million tonne bulk terminal at Mangalore to improve distribution.

Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
View more..