Published On:August 20 2018
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Wonder Cement invests ₹450 cr in Maharashtra clinker grinding unit

Wonder Cement, a part the of Rajasthan-headquartered RK Group, has invested about ₹450 crore to set up a 2-million tonne per annum clinker grinding unit in Dhule, Maharashtra. This also marks the company’s foray into the State.This is in addition to the earlier announced plan to invest ₹2,500 crore by the end of financial year 2020.

“The Dhule plant, which will commence operations from Monday, will distribute cement mainly across Maharashtra, while a minimal quantity would be supplied to Madhya Pradesh. The plant will supply mainly to North Maharashtra and Thane, Mumbai and Pune,

“This marks our entry into Maharashtra,” he said, adding that the facility is located at Nardana, about 30 km from Dhule.

The company is also in the process of developing a railway siding for the unit.

Source:Busines Line

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