Indian cement manufacturer Reliance Cement Company (RCC) has extended its operations into the lucrative market of West Bengal. The company already operates in the key cities of Maharashtra, Madhya Pradesh, Uttar Pradesh and Jharkhand and is additionally aiming to expand its presence in Northern India and Nepal.
“West Bengal is one of the largest cement consuming states in Eastern India with total consumption of around 14 million tpa,” Arvind Pathak, CEO of Reliance Cement Company, said in a statement.
“With ever-increasing industrial activities, real estate, construction and infrastructure, in addition to the onset of various industrial zones being developed in West Bengal, the market is expected to grow at the rate of 8% over the next few years,” continued Pathak.
RCC has forecast cement sales of 3.5 million t and a turnover of approximately Rs.1800 – 2000 crore in the current fiscal year due to the company’s expansion into West Bengal and other key markets.
Edited from various sources by Rosalie Starling
Read the article online at: https://www.worldcement.com/asia-pacific-rim/22052014/reliance_cement_expands_into_west_bengal_235/