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Shree Cement inaugurates new integrated cement plant in Andhra Pradesh

03 Apr 2024 Evaluate

Shree Cement has inaugurated its new integrated plant at Dachepalli village, Guntur, Andhra Pradesh, six months ahead of schedule. The new plant has cement production capacity of 3 MTPA. The new plant will propel Shree Cement’s manufacturing capacity to 56.4 MTPA, further solidifying its position as a key player in the cement industry. 

Built with an investment of Rs 2,500 crore, the Guntur plant will be Shree Cement’s sixth integrated production facility in the country and second in the Southern region after Kodla in Karnataka. Located strategically to cater to the growing markets of Telangana and Andhra Pradesh, the plant will contribute to the economic development of the region. The new unit is expected to generate around 700 direct jobs and 1300 indirect jobs. 

Shree Cement is engaged in the manufacturing and selling of cement and cement related products. It is recognized as one of the most efficient and environment friendly company in the global cement industry.


Peers
Company Name CMP
Ultratech Cement 11030.45
Ambuja Cements 375.25
ACC 1215.40
Shree Cement 22160.00
Dalmia Bharat 1655.40
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