Wednesday, 17 May 2017

Wonder Cement to invest Rs 2,500 cr in expanding capacity to 11MT

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Wonder Cement, a part of RK Marble Group, today said it is planning to invest around Rs 2,500 crore for setting up three units in Dhule in Maharashtra, Madhya Pradesh, and Haryana and increase capacity to 11 million ton in next three years.

"We have 5.2 million ton installed capacity and hope to increase to 11 million ton by 2020. We are setting up two million ton grinding unit at Dhule in Maharashtra, for which we expect to receive environment clearance next month and commence production by June 2018," Wonder Cement Managing Director J C Toshniwal.

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