Home News Industry News Binani plans improved investment of Rs 10,000 crore in Bengal

    Binani plans improved investment of Rs 10,000 crore in Bengal


    Binani Group of Braj Binani has lined up around Rs 10,000crore investment in cement, power and infrastructure, including ports, in Bengal. The Managing Director of Binani Cement, Joey Ghosh, met finance and industry Minister, Amit Mitra to discuss the revised investment proposal. The state has already offered land to the group for its proposed ventures. For investment in infrastructure, the Braj Binani Group has already tied up with National Heavy Industry of China, one of leading infrastructure companies in China, for technical support. The company would go for fully integrated project in the state. The total direct employment our projects would be 10,000 while indirect employment will be many more. The biggest investment of the company would be in cement. It would look for an integrated cement plant with at least 3.5 million tonne capacity. All the cement plant in the state are grinding plant. Hence the group may go for clinker and grinding unit. The group has identified some lime stone mines near Jharkhand-Chattisgarh border which can be transported to Bengal. In India, the group has a cement capacity of 6.5 million tonne which they want to double in the next few years. Binani Group has presence across India, East Africa, China, Indonesia and the UAE.

    Source: timesofindia.indiatimes.com
    Image source: binaniindustries.com


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