# Jindal Panther Cement to invest Rs 2,160 crore to expand capacity to 7 mtpa

Jindal Panther Cement will invest Rs 2,160 crore to scale up cement production capacity to 7 million tonnes per annum, including a new 1.5 mtpa grinding unit in Angul, Odisha.

- Type: Expansion
- Announced: 2024-10-22
- Where: Angul, Odisha, India
- Value: $259.2M (21.6B INR)
- Status: announced
- Capacity: 7 million tonnes per annum
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Jindal Panther Cement](https://endata.com/companies/80555.md)

## Sources

- [business-standard.com](https://www.business-standard.com/companies/news/naveen-jindal-group-to-invest-rs-2-160-crore-to-expand-cement-production-124102200556_1.html), 2024-10-22: "The Naveen Jindal group’s Jindal Panther Cement on Tuesday said it will invest Rs 2,160 crore to scale up production capacity to 7 million tonne per annum."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
