Ambuja Cements announces Rs 1,000cr investment for new grinding unit in Jharkhand

In a move that signifies a major boost for Jharkhand’s infrastructure and economic landscape, Ambuja Cements, a leading player in India’s cement manufacturing sector and a part of the diversified Adani Group, has announced plans to establish a state-of-the-art cement grinding unit in Motia Village of Godda district. With an investment of Rs. 1000 Cr, pending requisite approvals, the unit boasts a proposed capacity of 4.0 MTPA. This project is strategically positioned in close proximity to Adani Power (Jharkhand) Limited, illustrating a comprehensive approach towards the environmentally safe disposal of fly ash and the promotion of a circular economy.

Ambuja Cements’ initiative reflects its enduring commitment to sustainable practices and its ambition to foster inclusive growth within Jharkhand. The new unit is expected to generate both direct and indirect employment for over 2,500 individuals, thereby playing a significant role in the economic and social advancement of the state. This expansion underscores Ambuja Cements’ confidence in Jharkhand’s growth potential and complements its existing presence in the region, where it currently operates two cement plants with a combined capacity of 6 MTPA.

Ajay Kapur, CEO of Ambuja Cements’ Cement Business, emphasized the project’s importance, stating, “With our proposed investment in this new cement grinding unit, we intend to achieve a significant milestone in our commitment to expanding our presence and contributing to the socio-economic development of the region. Jharkhand holds immense potential in terms of resources, infrastructure, and skilled manpower, making it an ideal location for this project. We look forward to working closely with the state to ensure the successful implementation of this project. Ambuja Cements is proud to be a part of Jharkhand’s growth story, and we remain committed to creating value for our shareholders, customers, employees, and the community at large.”

The project not only aims to boost the local economy but also supports the state government’s efforts towards infrastructure development. By leveraging its synergy with other Group companies, Ambuja Cements is poised to transform Jharkhand into a thriving business-friendly state. The company’s commitment to innovation, sustainability, and growth highlights its role as a key player in driving socio-economic development in the communities it serves.

This strategic investment by Ambuja Cements in Jharkhand is a testament to the company’s foresight in recognizing the state’s potential for industrial and economic growth. The project’s emphasis on sustainable development, through the use of environmentally safe fly ash disposal and contributions to the circular economy, sets a benchmark for future industrial projects in the region. By creating substantial employment opportunities and enhancing local infrastructure, Ambuja Cements is reinforcing its position as a pivotal force in India’s cement industry and a contributor to national development goals.