Shree Cement aims to be a pan-Indian player

The company is aiming for 40 mtpa capacity in the coming five years from its existing 25.6 mtpa

Shree Cement is considered the northern market leader in the sector but is now aiming at a national presence. It intends to invest Rs 6,000 crore over the next five years to this end, through new projects and expansion of existing ones.

With surplus from its limestone reserve in Chhattisgarh, it intends to expand there and supply upcoming plants in Jharkhand and West Bengal. In limestone scanty Jharkhand, it is establishing a two million tonnes per annum (mtpa) grinding unit at a cost of Rs 600 crore. In Bengal, another Rs 600 crore for grinding units in the Raghunathpur region.