# 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).

- Type: Investment
- Announced: 2025-02-13
- Where: Kalaburagi, Karnataka, India
- Value: $961.0M
- Jobs: 1,300
- Starts operating: 2025
- Status: announced
- Capacity: 3.5Mt/yr clinker and 3Mt/yr cement (plant 1); 3.5Mt/yr clinker and 6Mt/yr cement (plant 2); 3Mt/yr grinding (plant 3)
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Shree Cement](https://endata.com/companies/21210.md)

## Sources

- [globalcement.com](https://www.globalcement.com/news/19056-shree-cement-signs-us-961m-cement-plant-mou-with-government-of-karnataka), 2025-02-13: "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."

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