Dalmia Cement signs MoU with the Government of Assam for investment close to Rs. 4600 crores
- Plans business expansion in Assam
- Assures 2500 job opportunities for the people of the state, continues to focus on building its presence in the North East
New Delhi/Guwahati, 9th May,2023: Leading Indian cement manufacturer and a part of India’s 4th largest cement company, Dalmia Cement Bharat Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Assam today for an investment close to Rs.4600 crores for expanding their existing businesses in the state and support employment generation through 2500 job opportunities. The company aims to promote industrial activity in the state with the support of the Government and to be a committed partner in the overall development of the region. The agreement was signed in the presence of Shri Dr. Himanta Biswa Sarma, Hon’ble Chief Minister of Assam and Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited, along with other government officials and dignitaries.
Commenting on the occasion, Mr. Mahendra Singhi, MD and CEO, Dalmia Cement (Bharat) Ltd “I would like to express my sincere gratitude and appreciation for the diligent efforts made by the entire State and its government in bringing about industrial development and fostering partnerships which are creating millions of livelihood opportunities for the people of Assam. Our experience in working in the state has been wonderful in terms of the support and cooperation from all the government bodies, the larger communities, and all the people of Assam. He further added, “This year also marks our 10th anniversary of Dalmia Bharat’s manufacturing presence in the North-East. We remain deeply committed to continuing to be a partner in the region’s economic progress and facilitate the creation of iconic infrastructure such as the Bogibeel Bridge and Dhola Sadiya Bridge etc. The North-East region has showcased a very forward-learning mindset, being one of the fastest adaptors of low-carbon cement i.e. blended cement. The penetration of Low Carbon Green Cement is in line with our vision of becoming Carbon Negative by 2040 and further intensifies our commitment towards the 'Grey to Green' movement.”
About Dalmia Cement (Bharat) Limited
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited (BSE Code: 542216|NSE Symbol: DALBHARAT and listed in MSE), is a leading player in the cement manufacturing segment and has been in existence since 1939. Dalmia Cement (Bharat) Limited prides itself on having one of the lowest carbon footprints in the cement world globally. It is the first cement company to commit to RE100, EP100 & EV100 (first triple joiner) – showing real business leadership in the clean energy transition by taking a joined-up approach. With a growing capacity, currently pegged at 41.1 MnT, Dalmia Cement is the fourth-largest cement manufacturing group in India by installed capacity. Spread across ten states and fourteen manufacturing units, the company is a category leader in super-specialist cement used for oil well, railway sleepers and airstrips and is the country’s largest producer of Portland Slag Cement (PSC). Visit us at http://www.dalmiacement.com.
Media Contact:
Pooja Bharadwaj