Dalmia Bharat lines up Rs 3,500 cr capex to ramp up capacity by next March

Dalmia Bharat Cement is investing around Rs 3,500 crore to achieve its target of expanding its installed production capacity to 34 million tonne per annum (mtpa) by March 2020 from the existing 26 mtpa.

The company is increasing its production capacity in the eastern market at a consolidated investment of around Rs 3,000 crore which will add 5 mtpa to its existing capacity. The brownfield expansion in east India involves increasing the capacity in its West Bengal plant from 1.3 mtpa to 4 mtpa and in its Rajgangpur plant by another 3 mtpa.

On the other hand, after the NCLT