KOLHAPUR, India, July 20, 2015 /PRNewswire/ --
Dalmia Cement Bharat Limited (DCBL) (BSE Code: 533309 | NSE Symbol: DALMIABHA and listed on MSE) today announced its entry into Kolhapur as part of its expansion in Maharashtra. At a grand launch in the city, the company's leadership addressed over 170 partners on the opportunity the state offered. Dalmia Cement recently commenced operations at its greenfield cement plant in Belgaum district, Karnataka which will cater to the growing demand in Maharashtra, Goa and Karnataka. The 1300-crore plant which spans 380 acres with a total capacity of 2.5 million tonnes per annum, is the company's eleventh manufacturing facility of the cement group.
(Logo: http://photos.prnewswire.com/prnh/20130812/633936)
As a leader with 24 MNT cement manufacturing and the third largest manufacturing capacity in the country, Dalmia Cement wants to address the needs of its customers in Maharashtra. The Maharashtra market accounts for 10-12% of the total India cement market and has been growing at 3-4% over the last one year.
Speaking on the occasion, Mr. Mahendera Singhi, Group CEO, Dalmia Cement Bharat Limited said, "DCBL estimates that cement sales in Maharashtra will touch 1 lac million tonnes by 2020 and in order to tap this opportunity, we are targeting to appoint over 600 dealers in the state of which 170 are in Kolhapur. We will now have a presence across 10 cities including Mumbai, Pune, Thane, Kolhapur, Satara, Ahmednagar etc in the state and are looking to strengthen our market share from 5% to 6% in the next three years."
Dalmia Cement Bharat Limited (DCBL) also announced the launch of its superior grade cement, Dalmia Ultra Cement with HALC in the Maharashtra market. Built on the most modern technology supplied by KHD Germany, the product will see premium positioning in the business. The strong network of dealers built by Dalmia Cement in the region will look to deliver excellent service while being supported with marketing and training.
About Dalmia Cement Bharat Limited (DCBL)
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited (BSE Code: 533309|NSE Symbol: DALMIABHA and listed in MSE), is a leading player in the cement manufacturing since 1939. It is the third largest cement group in India with manufacturing facilities in eight states with operations in 22 states and has been in existence for more than 75 years. With a growing capacity, currently pegged at 24 MNT, Dalmia Cement is a top quartile player in India. The company is also the category leader in super-specialty cements used for oil wells, railway sleepers and air strips and is the country's largest producer of slag cement. DCBL increased its stake in OCL from 48% to 74.6%. Dalmia Cement joined Cement Sustainability Initiative (CSI), a sector project of World Business Council for Sustainable Development (WBCSD), in 2012.
Dalmia Cement has also partnered recently with International Finance Corporation to promote sustainable business. Visit us at http://www.dalmiacement.com
Media Contact
Pooja Bharadwaj
[email protected]
+91-9560166999
Senior Manager, Dalmia Bharat Group
Share this article