Reliance forays into Uttar Pradesh with cement company
Reliance Cement Company today made a foray into Uttar Pradesh market as part of its plan to expand presence in northern markets.
Reliance Cement Company today made a foray into Uttar Pradesh market as part of its plan to expand presence in northern markets.
Uttar Pradesh is one of the largest cement consuming states in the country with total consumption of around 26 million tons per annum, Reliance Cement Company (RCC) CEO Arvind Pathak said.
"With the ever increasing industrial activities, real-estate, construction and infrastructure, in addition to the onset of various Special Economics Zones (SEZs) being developed in Uttar Pradesh, the market is expected to grow at the rate of 6% over the next few years. Reliance Cement is well positioned and equipped to fulfill the gap in demand and supply," he said.
After Uttar Pradesh, the company now has plans to expand its presence in the central, eastern and other northern markets of India, he added.
RCC is an affiliate of Reliance Infrastructure, which is a part of Anil Ambani-led Reliance Group.
The company also plans a customer initiative 'On-site Expert Service' in the state soon under which it will provide an array of services, ranging from exper engineer's advice to on-site concrete testing services, to assist people in building their home.
Reliance Cement Company has a total production capacity of 5.5 million tonnes per annum. Its 2 MTPA plant in Uttar Pradesh, 3 MTPA plant in Madhya Pradesh and 0.5 MTPA plant in Butibori in Maharashtra are now operational.