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Adani Cement to set up unit in Bihar for investment for Rs 1,600 crore

By Economic Times - 2 months ago
Ambuja Cements, owned by Adani Cement, planned to invest Rs 1,600 crore in Bihar's Nawada district for a cement grinding unit. As their maiden and largest investment in the state, the project will span three phases. The first phase is projected to cost Rs 1,100 crore and be completed by December 2025. The unit will enhance local employment and revenue, contributing to Bihar's development. Additionally, another cement unit is in the pipeline for Muzaffarpur. Chief Minister Nitish Kumar acknowledged the investment as a positive indicator of Bihar's growth potential.

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