Dalmia Cement is setting up a new cement plant in Madhya Pradesh with a capacity of 4 million tonnes, at a cost of Rs 3,000 crore. What’s remarkable is that this plant will be the first in the country to run entirely on renewable energy, according to Group Managing Director Punit Dalmia.
This development was announced at the fifth Regional Industry Conclave (RIC) in Rewa district, where the state government received investment proposals worth Rs 31,000 crore, expected to generate 28,000 jobs. Dalmia Cement is also investing in skill development through a Diksha Centre in the state.
Madhya Pradesh is attracting significant investments, particularly in renewable energy, with commitments totaling Rs 18,000 crore. Other sectors like cement, food processing, and mining are also seeing investments. For instance, Patanjali Group will set up a food processing industry in Rewa at Rs 1,000 crore, benefiting local farmers, and an ambitious Yoga and Ayurveda center in Ujjain.
Key Investments:
– Siddharth Infratech: Rs 12,800 crore
– Ritvik Projects Private Limited: Rs 4,000 crore in renewable energy
– KJS Cement: Rs 1,400 crore
– Rama Ply: Rs 500 crore
The state government issued Letters of Intent to 85 industrial units and allotted 146 acres of land for industrial activities, totaling Rs 918 crore in investments. Chief Minister Mohan Yadav announced an incentive of Rs 5,000 for women working in industrial units, highlighting the state’s pro-investment policies.
Source: business-standard.com
