Ramco Cements Ltd on Friday said it
has commenced operations at its new cement grinding unit in Odisha, set up at a cost of about Rs 710 crore.
It was decided to set up the unit in Odisha, considering the State's high industrial potential, besides being a key market for the company.
Odisha Chief Minister Naveen Patnaik, who took part in the ground breaking ceremony in 2017 formally inaugurated the plant on Thursday, the city based company said in a statement.
The facility at Haridaspur in Jajpur district would generate direct employment for 105 people and indirect employment for 1,000 people, it said.
Equipped with modern machinery imported from Germany, ensuring less power consumption with maximum efficiency, the use of superior technology has made this unit a 'world class', facility, the company said.
Ramco Cements has been marketing around a million tons of cement each year in Odisha from its manufacturing facilities in Andhra Pradesh.
The new grinding unit with its world class German machinery and modern technologies is on the path of setting a new trend in the industrial sector with innovative ideas for cutting edge production facilities in Odisha, the statement added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)