From The Economic Times · PTI · · 40s
Shree Cement to invest Rs 7,000 crore in Andhra Pradesh
Shree Cement plans three new plants in Andhra Pradesh with Rs 7,000 crore investment.
In brief
Shree Cement plans three new plants in Andhra Pradesh with Rs 7,000 crore investment. Shree Cement will invest Rs 7,000 crore to build cement plants in Kadapa, Anakapalli, and Guntur districts of Andhra Pradesh. Originally reported by The Economic Times.
Shree Cement investment plan
Shree Cement Ltd will invest Rs 7,000 crore to set up manufacturing plants in Andhra Pradesh.
Districts for new plants
The company plans to establish cement plants in Kadapa, Anakapalli and Guntur districts.
Investment motivation
The decision follows incentives from the coalition government led by Chief Minister N Chandrababu Naidu.
Land allotment progress
Gautham expressed satisfaction over the pace of land allotment for industrial projects.
The short version
Shree Cement will invest Rs 7,000 crore to build cement plants in Kadapa, Anakapalli, and Guntur districts of Andhra Pradesh.
