Cement major’s state investments already created over 4000 job opportunities
Company launches customer offer on its all retail ‘Dalmia Cement’ Brands
Chennai, TN, May 2022: Dalmia Cement (Bharat) Limited, a leading Indian cement major and a subsidiary of Dalmia Bharat Limited, has launched a customer offer on all its retail ‘Dalmia Cement’ brands. Thishas reaffirmed its South India commitment through capital investments in Tamil Nadu (TN).While the company has already created almost 4000 employment opportunities through investments done in the last few years. It recently signed a new Memorandum of Understanding (MoU) with the TN Government to invest Rs. 2600 crore in the next four years.
According to the facilitation MoU, Dalmia Cement (Bharat) will install two Greenfield Grinding Units of 2.0 MTPA each. The company is not only commiting capital for setting up capacity but as a responsible citizen, also furthering its commitment towards environmental stewardship and sustainability through the planned installation of Renewable Power capacity of~22 MW. The expansion of renewable power is also in line with the vision of the company to use 100% renewable energy by 2030. The company furtherplans to capitalize on its category-wide dealer and sub-dealer network that currently stands at 11000+strong in Southern & western states of India to ensure that increasing demand from the state is being adequately met. This follows DCBL’s contribution in significant projects across TN such as Kudankulam Nuclear Power project Chennai Metro Rail project, Pamban Bridge and Trichy Airport.
Commenting on the company’s commitment to nation building through its investment in Tamil Nadu, Mr. Sanjay Wali, Sr. Executive Director DCBL said,“We are grateful to the Tamil Nadu Government for providing us with the opportunity to play an active role in the state’s industrial and infrastructural progress. As we further invest in the state and participate in its economic growth story, we are confident thatthe employment generated through our investments and our social transformation initiatives will help create a progressive and self-sustainable ecosystem.”