Ramco Cements to increase grinding capacity

India-based Ramco Cements has embarked on an investment project to increase its grinding capacity in West Bengal and set up a new facility in Odisha.

“We are doubling the capacity of grinding units in Vizag and Kolaghat (West Bengal) from 0.9Mta to 2Mta each, AV Dharmakrishnan, CEO, Ramco Cements told the business section of the Hindu (India). “Besides, we are setting up a new unit in Odisha of 0.9Mta,” he added.

The proposed expansion will be completed in 18 months and the cost will met be through internal accruals and borrowings.

After the proposed expansion, the capacity of grinding units is set to increase from 4Mta to 7.1Mta. “This would further increase our presence in Andhra Pradesh, Odisha and West Bengal,” Mr Dharmakrishnan added.