ACC to invest Rs 3,000 crore for capacity expansion in eastern region states

In a bid to expand its capacity by nearly four million tonnes a year in three eastern region states, the cement major ACC is planning to invest Rs 3,000 crore in the next three years. Following this, the company’s total capacity will increase to 10 mt a year from the existing 6 mt a year in the East.

In separate development, the company is eyeing to set up 15 lakh tonne cement factory at Kharagpur, West Midnapore district in state of West Bengal entailing an investment of Rs 600 crore. The proposed factory would begin production within the next three years. The company has already initiated talks with the West Bengal government for the same.

Recently, the company has launched its premium cement brand ACC Plus+ in West Bengal. ACC currently manufactures 30 million tonnes of cement from 17 factories in India.