Dalmia Cement signs MoU to invest Rs 4,600 crore in Assam

Dalmia Cement Bharat has entered into a Memorandum of Understanding (MoU) with the Assam government to support the creation of 2500 jobs and invest close to Rs 4600 crore in the state.

With government support, the company wants to encourage industrial activity in the state and be a committed partner in the region’s overall development, it said in a statement.

CM Himanta Biswa Sarma and Dalmia Cement (Bharat) MD & CEO Mahendra Singhi witnessed the signing of the agreement.

“I would like to express my sincere gratitude and appreciation for the diligent efforts made by the entire State and its government in bringing about industrial development and fostering partnerships which are creating millions of livelihood opportunities for the people of Assam. Our experience in working in the state has been wonderful in terms of the support and cooperation from all the government bodies, the larger communities, and all the people of Assam,” Singhi said.

He further added, “This year also marks our 10th anniversary of Dalmia Bharat’s manufacturing presence in the North-East. We remain deeply committed to continuing to be a partner in the region’s economic progress and facilitate the creation of iconic infrastructure such as the Bogibeel Bridge and Dhola Sadiya Bridge etc. The North-East region has showcased a very forward-learning mindset, being one of the fastest adaptors of low-carbon cement i.e. blended cement. The penetration of Low Carbon Green Cement is in line with our vision of becoming Carbon Negative by 2040 and further intensifies our commitment towards the ‘Grey to Green’ movement.”