Archive · 19 Dec 2025
Shree Cement to invest ₹2k crore in Maharashtra plant
Shree Cement, a big cement company in India, is going to build a new factory in Maharashtra.
They will spend ₹2,000 crore on this project.
The new factory will help them make more cement, going from 68 million tonnes per year to 80 million tonnes by 2028.
The company has enough money saved up to pay for this without needing to borrow.
They think people in India will use more cement in the future, so they want to be ready.
The new factory will be in Chandrapur, and they are waiting for permission to start building.
Right now, their stock price is around ₹25,639.65.
Shree Cement plans to invest ₹2,000 crore in a new manufacturing unit in Chandrapur, Maharashtra.
The investment is part of a three-year plan to increase overall capacity from 68 MTPA to 80 MTPA by 2028.
The project is awaiting environmental clearance and is expected to take two years to complete after clearance.
The company will fund the project using its internal cash reserves of over ₹5,000 crore.
Shree Cement is the third-largest cement producer in India after Ultratech and Adani Group's ACC and Ambuja Cements.
- Who
- Shree Cement, led by Chairman Hari Bangur
- What
- Investment in a new cement manufacturing plant in Maharashtra
- When
- Project timeline starts after environmental clearance, expected to take 2 years
- Where
- Chandrapur district, Maharashtra, India
- Why
- To increase overall capacity from 68 MTPA to 80 MTPA by 2028, anticipating growth in cement consumption
- Investment Amount
- ₹2,000 crore
- Location
- Chandrapur district, Maharashtra
- Current Capacity
- 68 MTPA
- Target Capacity
- 80 MTPA by 2028
- Funding Source
- Internal cash reserves (₹5,000 crore)
- Project Timeline
- 2 years after environmental clearance
- Current Stock Price
- ₹25,639.65 (BSE, 1510 hrs)
