Friday 1 November 2013

Birla Corp soars on plan to set-up new units in four States

Birla Corporation is reportedly planning to set-up new units in four States and will also invest around Rs 950 crore for the same. The company will set up three grinding cum blending units in Madhya Pradesh, one grinding unit in Bihar, one blending unit in Uttar Pradesh and another in Jharkhand, which will have a combined capacity of 4.5 million tonnes.

Moreover, the company has already started mechanical mining at its Chanderia mine in Rajasthan in the first week of August after an interim order by the Supreme Court on July 29.

Birla Corporation operates four division cement, jute, vinoleum and auto trim. It has eight manufacturing facilities located in Pune, Rajasthan, West Bengal, Gurgoan, Uttar Pradesh and Madhya Pradesh.

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