Shree Cement signs MoU for $961m cement plants in Karnataka

Shree Cement signed a memorandum of understanding with the government of Karnataka to invest nearly US$1 billion in cement manufacturing facilities over five years. The projects include a US$288 million plant in Kalaburagi with 3.5Mt/yr clinker and 3Mt/yr cement capacity (starting 2025, 300 jobs), a US$575 million plant in Kalaburagi district with 3.5Mt/yr clinker and 6Mt/yr cement capacity (commissioning 2030, 750 jobs), and a US$98 million grinding plant in Bangalore Rural with 3Mt/yr capacity (starting 2028, 250 jobs).

“Shree Cement has signed a memorandum of understanding with the government of Karnataka to invest nearly US$1bn in cement manufacturing facilities over the next five years.”globalcement.com

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• globalcement.comShree Cement signs US$961m cement plant MoU with government of Karnataka - Cement Sector News - Global CementGlobal Cement staffFeb 13, 2025

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