Bihar Welcomes Ambuja Cements’ Historic Project

Ambuja Cements has made a significant move into Bihar, announcing a landmark investment that underscores the company’s commitment to expanding its presence in India’s burgeoning cement market. The initiative marks the establishment of the first cement grinding unit in Warisaliganj, representing the largest investment by a cement industry player in the state to date.

The new standalone facility, which will have an impressive capacity of 6 million tonnes per annum (mtpa), is projected to be developed at a cost of INR 1,600 crore. This ambitious project will unfold in three phases, with the initial phase set to deliver a capacity of 2.4 mtpa, involving an investment of INR 1,100 crore, and slated for completion by December 2025. Future expansions will be strategically planned, allowing for lower capital expenditure in subsequent phases. Strategically located in Mosama village, Warisaliganj tehsil, Nawada district, the facility boasts excellent connectivity, being merely 1 km from the Warisaliganj railway station and 500 meters from State Highway 83. At the recent foundation stone-laying ceremony, Chief Minister Nitish Kumar highlighted the importance of this investment, stating, “This venture by the Adani Group reflects Bihar’s growth potential and our commitment to sustainable development.”

The ceremony, organised by the Bihar Industrial Area Development Authority (BIADA), witnessed the presence of key dignitaries, including Deputy Chief Ministers Samrat Choudhary and Vijay Kumar Sinha, Industry Minister Nitish Mishra, and Pranav Adani, Managing Director of Adani Enterprises. The economic implications of this project are substantial. It is expected to contribute around INR 250 crore annually to the state’s revenue and generate 250 direct jobs along with 1,000 indirect employment opportunities. BIADA has allocated 67.90 acres for this facility, and all necessary environmental clearances have been obtained. In addition, Ambuja Cements has been granted another 26.60 acres in Mahbal, Motipur, Muzaffarpur, where environmental approvals are under review and construction is expected to begin soon.

This expansion not only signifies Ambuja Cements’ strategic commitment to enhancing its footprint in India’s growing markets but also highlights the potential for sustainable development in the region. The company’s investment aligns with broader environmental goals, as it aims to implement eco-friendly practices in its operations, setting a benchmark for responsible manufacturing in the cement industry. As Ambuja Cements embarks on this transformative journey, it holds the promise of fostering economic growth while contributing positively to the local community and environment, signalling a new era of industrialisation in Bihar.

MMR Today

Recent Posts

Mumbai Property Registrations See 5 Percent Growth in November 2024

Mumbai’s real estate market witnessed a 5% year-on-year (YoY) increase in property registrations in November…

3 months ago

Max Estates to Raise ₹800 Crore for Land Acquisition and Expansion of Commercial and Residential Spaces

Max Estates, a leading real estate company, has announced that it will use the ₹800…

3 months ago

Ahmedabad Witnesses Urban Progress Amid Health Challenges

Ahmedabad’s bustling SG Highway, a critical arterial road, will soon feature five new foot-over bridges…

3 months ago

Ahmedabad’s New Oxygen Park: A Breath of Fresh Air

Amid rising pollution concerns across India, Ahmedabad is set to host a transformative green initiative…

3 months ago

Telangana Sees 3% Growth in Property Registration Revenue in November 2024

The Telangana government experienced a modest increase in its revenue from property registrations, registering a…

3 months ago

Amazon’s ₹450 Crore Land Deal Near Mumbai Signals Growth

In a landmark transaction, Amazon Data Services Pvt Ltd has acquired a 38-acre land parcel…

3 months ago