Puneet Dalmia
Managing Director, Dalmia Bharat Group
Founded in 1935 by late Shri Jaidayal Dalmia, the Dalmia Bharat Group (www.dalmiabharat.com) enjoys a legacy of more than 75 years in driving core sectors of the Indian economy. Dalmia Bharat Group has a leading presence in southern and north-east India through its cement business, and in northern India through its sugar business. Headquartered at New Delhi, Dalmia Bharat is rapidly expanding acquiring a national footprint. The group caters to an enduring and growing customer base in refractories and has forayed into sustainable power/energy.
Group Companies:
- Dalmia Bharat Limited.
- Dalmia Cement (Bharat) Limited.
- Dalmia Bharat Sugar and Industries Limited.
- Dalmia Bharat Refractories Limited.
- Dalmia Power Limited.
OCL India Ltd, the flagship associate company of Dalmia Cement Bharat Ltd (www.dalmiabharat.com) commissioned its cement manufacturing unit (Bengal Cement Works), at Godapiasal Industrial Park, West Midnapore, West Bengal. Spread over an area of 154.43 acres, the plant has been set-up at an investment of Rs 615 crore. This plant marks the initiation of the company's investment cycle in state of West Bengal. OCL India already has two cement plants at Cuttack and Rajgangpur in Orissa with a combined production capacity of 5.35 MTPA. The Bengal unit will help in adding significant revenue to the State treasury in terms of taxes. It will provide domicile employment and income generation for local skilled and semi-skilled pool in the district. As part of Corporate Social Responsibility programme of the group, peripheral community development works in terms of roads, bridges, health, and education facilities will be undertaken.
OCL India is one of the leading cement players in east India cement market. Eastern India contributes to around 18% of India's cement demand and 14% of the total installed capacity. Cement demand growth in East has been robust at CAGR of 9.75% over FY 09-FY 14 compared to all India growth of 6.5%. Going forward, demand growth in east India is estimated to be around 8% in FY15. This is congenial with infrastructure growth and urban housing demand.
Good locational advantage in terms of road and rail network, enriched infrastructural support like that of uninterrupted power supply, supply of water for industrial and potable purposes, other basic facilities like sewerage and drainage etc and incentives available as per The West Bengal State Support for Industry have played a decisive role for OCL India in setting up the plant in Bengal.
Puneet Dalmia
Managing Director, Dalmia Bharat Group
Bengal's economy has impressively withstood the continuing slowdown in economic growth in previous years and currently is on a high growth trajectory. We want to grow in Bengal to create a market enduring goodwill by benefitting both our buyers and investors. The current boost in industrialization in the state has prompted us to replicate our success of Rajgangpur and Cuttack, in Salboni. We plan to scale up our presence in the Bengal market by completing the first phase of investment in the plant. Our high-capacity plant located strategically will ensure timely and faster delivery of cement across the state, a significant emerging market for infrastructure development and thereby the cement industry.