Company updateEconomic Times
Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districts
Positive+37
GreyOak summary
Shree Cement plans to invest Rs 7,000 crore to set up manufacturing plants in three districts of Andhra Pradesh: Kadapa, Anakapalli, and Guntur. The decision follows incentives offered by the state government and the investor-friendly environment. The company aims to expand its production capacity beyond 80 million tonnes per annum.
What it affects
- SHREE CEMENTSHREECEMPositive +37
Investing Rs 7,000 crore in Andhra Pradesh.Rolling sentiment Positive +19
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