Shree Cement to set up Rs 1,500 cr greenfield cement factory in Guntur
Cement

Shree Cement to set up Rs 1,500 cr greenfield cement factory in Guntur

Shree Cement’s managing director HM Bangur and Joint MD Prashant Bangur along with a delegation called on Chief Minister YS Jagan Mohan Reddy in the latter’s camp office at Tadepalli and plans to set up a greenfield cement plant in Guntur district worth Rs 1,500 crore.

Shree Cement’s Joint MD Prashant Bangur has promised to conclude the project in two years. The company has cement production and allied sector facilities in nine States, and this will be its first facility in Andhra Pradesh.

Discussions were conducted on installing the cement facility at Pedagarlapadu village in Dachepalli Mandal of Guntur district.

The Chief Minister told the media that Andhra Pradesh is the best destination for investments and explained the incentives being provided to the Industries sector in the state.

Speaking on the occasion, the Shree Cement MD said that the Chief Minister has been operating wholeheartedly to enhance the position of the state. The Chief Minister was working as a Chief Executive Officer (CEO) of a firm.

He said that they were aiming to set up the cement facility in AP as the development rate of the state is higher than the national growth rate, and it will enhance more. JMD Prasanth Bangur said that installing a large cement facility would employ many people, directly and indirectly, thereby ensuring the area's development.

Image Source

Shree Cement’s managing director HM Bangur and Joint MD Prashant Bangur along with a delegation called on Chief Minister YS Jagan Mohan Reddy in the latter’s camp office at Tadepalli and plans to set up a greenfield cement plant in Guntur district worth Rs 1,500 crore. Shree Cement’s Joint MD Prashant Bangur has promised to conclude the project in two years. The company has cement production and allied sector facilities in nine States, and this will be its first facility in Andhra Pradesh. Discussions were conducted on installing the cement facility at Pedagarlapadu village in Dachepalli Mandal of Guntur district. The Chief Minister told the media that Andhra Pradesh is the best destination for investments and explained the incentives being provided to the Industries sector in the state. Speaking on the occasion, the Shree Cement MD said that the Chief Minister has been operating wholeheartedly to enhance the position of the state. The Chief Minister was working as a Chief Executive Officer (CEO) of a firm. He said that they were aiming to set up the cement facility in AP as the development rate of the state is higher than the national growth rate, and it will enhance more. JMD Prasanth Bangur said that installing a large cement facility would employ many people, directly and indirectly, thereby ensuring the area's development. Image Source

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?