Star Cement, promoted by Century Plyboards, one of the leaders in cement sector in the northeast, will have its manufacturing footprint in Bengal. Chief minister Mamata Banerjee on Tuesday said after the cabinet meeting that the government has cleared land for Star Cement in Jalpaiguri.
Later, Star Cement CEO Sanjay Kumar Gupta told TOI that he company is setting up a 2-million-tonne grinding unit in the state, which would be its first facility in the state. The cement major will get 45 acres for the project and will invest Rs 450 crore. “We shall get clinker for the Bengal plant from our facility in Meghalaya,” he added.
Star Cement’s one million tonne integrated cement plant at Lumshnong (Meghalaya) is situated near raw material reserves of limestone, coal and shale gas.
Star Cement currently has a manufacturing capacity of 4 million tonne, which would go up to 6 million tonne after the new facility comes up.
Gupta said Bengal was a lucrative market for cement. Bengal is market for 24-25 million tonne cement, while total capacity in the state as of now is 20 million tonne.
