Naveen Jindal Group Announces ₹2,160 Crore Investment to Boost Cement Production

Date:

The Naveen Jindal Group has revealed plans to invest ₹2,160 crore in scaling up its cement production capacity across India. The major investment is aimed at strengthening the group’s footprint in the cement industry while meeting the rising demand for infrastructure development in the country.

The investment will be directed towards expanding existing plants, enhancing production efficiency, and adopting sustainable technologies in cement manufacturing. The move aligns with India’s growing emphasis on infrastructure, as cement plays a vital role in the construction of roads, bridges, and housing projects.

This expansion is expected to significantly increase the group’s cement production capacity, contributing to job creation and regional economic growth. The company aims to implement state-of-the-art production techniques, ensuring reduced carbon emissions and more sustainable operations, in line with global environmental standards.

Naveen Jindal, Chairman of the Jindal Group, expressed optimism about the group’s future, stating that this investment would further strengthen the company’s position in the competitive cement market and help meet the nation’s infrastructure needs.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Share post:

Subscribe

More like this
Related

How the Metro Will Change Thane

Thane is getting ready for a big transport change...

Green Fuels: India’s Roadmap to the World’s No. 1 Auto Industry

Union Minister for Road Transport and Highways, Nitin Gadkari,...

DLF Plans Second Mumbai Project After Successful Market Debut

Real estate giant DLF Ltd is looking to expand...

Indian Construction Major Enters Retail-Tech Space with Launch of Matelio

In a strategic diversification move, an Indian construction firm...