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Reliance Cement forays into Madhya Pradesh

Delhi,Business/Economy, Fri, 30 May 2014 IANS

New Delhi, May 30 (IANS) Reliance Cement Company (RCC) Friday said it has entered the Madhya Pradesh market, setting up a service channel network in the state.

RCC is also planning to launch an on-site expert service in the state to assist consumers in home building, the company said in a statement.

RCC is a subsidiary of the Anil Dhirubhai Ambani-led Reliance Infrastructure.

Chief executive Arvind Pathak said Madhya Pradesh is one of the largest cement consuming states in India with total consumption of around 14 million tons per annum.

"With the ever increasing industrial activities, real-estate, construction and infrastructure, in addition to the onset of various Industrial Zones being developed in Madhya Pradesh the market is expected to grow at the rate of 8 percent over the next few years," he added.

Reliance Cement already sells in the key cities of Maharashtra, Madhya Pradesh, Uttar Pradesh and Jharkhand where it has established itself to become the most favoured brand, the statement said.

RCC has already commissioned their 5 million tonnes per annum cement plant at Maihar in Madhya Pradesh, while another 5 MTPA plant is under execution in Maharashtra, it added.


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