NCL Industries Limited's venture into the cement production sector through their cement grinding unit project in Ugginapalem Village, Andhra Pradesh, reflects a strategic move to diversify their business portfolio and tap into new market opportunities. With a substantial investment of ₹148 Crores, the company aims to establish a significant presence in the cement manufacturing landscape.
Situated in Ugginapalem Village, Kasimkota Mandal, Visakhapatnam District, Andhra Pradesh, the project benefits from its location within an established industrial hub. This strategic positioning facilitates efficient logistics and access to necessary resources, contributing to the project's operational viability and competitiveness.
The cement grinding unit, with a capacity of 0.66 MTPA (Million Tonnes Per Annum), signifies the final stage in the cement production process. By grinding clinker obtained from other manufacturers into fine powder, NCL Industries will produce high-quality cement to meet the region's growing demand.
The project's significance extends beyond cement production, as it holds the potential to boost local economic development and infrastructure growth. Increased availability of cement in Andhra Pradesh and surrounding regions is expected to support various construction projects, thereby stimulating economic activity and creating employment opportunities.
News by Rahul Yelligetti