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Originally named Orissa Cement Limited, the company was incorporated on 11 October 1949, and the plant started operating in 1952. On 15 January 1996, the company changed its name to OCL India to reflect its non-cement ventures, including steel and iron. [8]
In January 2021, it expanded its business to East India [7] by opening a new plant in West Bengal worth 4.5 billion. [8] In August 2021, the company approves a share buyback proposal. In June 2022, the company invested 17–18 billion rupees in doubling the capacity of clinker and adding a capacity of 4 million tonnes to grinding [ 9 ] and ...
[13] [14] In 2020, Wonder Cement invested ₹800 crore to set up cement plants in Badnawar and Jhajjar which increased the annual capacity to 1.3 crore (13 million) tonnes of cement. [ 15 ] [ 16 ] In 2023, Wonder Cement announced the setup of a new grinding unit at Tulsigram village in Gujarat , while the company's total production capacity ...
Shree Cement is an Indian cement manufacturer, founded in Beawar, Rajasthan, in 1979. Now headquartered in Kolkata, it is India's third largest cement producer by capacity [2] [3] and second largest cement company by market capitalisation. [4] Shree Cement has an installed capacity of 50.9mt including overseas operations. [5]
The plant will be set up with an investment of $34 million to $42 million and will process 500,000 liters of milk daily. [55] Shree Cement Manufacturing Plant: Cement: West Bengal: Under Ccnstruction Construction of the plant in Purulia, West Bengal was expected to be completed by 2024. It is being built at a cost of Rs.600 crores. [56]
Malabar Cements Limited is an Indian cement company. It is among the largest public sector cement production undertakings. It is fully owned by the Government of Kerala and is the only major integrated cement plant in the State. [1] The total installed capacity of MCL is 6.2 lakh tons.
Nirma Group started cement manufacturing in 2014 from a single plant in Nimbol, with a newly established company Nuvoco Vistas Corporation. [7] In 2016, Nirma acquired Lafarge India's cement assets for $1.4 billion. [8] In February 2020, Nirma acquired Emami Cement for ₹ 5,500 crore (US$742.24 million). [9]
JSW MG Motor India, on 30 November 2023, China's SAIC Motor and the JSW Group formed a strategic joint venture, resulting in the latter gaining a 35% stake in MG Motor India through this partnership. [ 59 ] [ 60 ] In February 2024, the group inked a MoU with the Government of Odisha for a ₹ 40,000 crore (US$4.6 billion) Integrated EV and EV ...