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Ambuja Cement will Invest Rs 1,200 Cr Unit in Bihar’s Floods: Neeraj Akhouri

by Economy India
May 14, 2022
Reading Time: 2 mins read
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Patna: Neeraj Akhouri, CEO of Ambuja Cement and resident of Bihar, announced to set up a unit of Rs 1200 crore in Bihar in the Bihar Investor Meet organized by the Government of Bihar in New Delhi on May 12. This unit will be engaged in flood. Neeraj Akhouri is also the President of Holcim India. This company is the mother company of Ambuja Cement and ACC Cement, the leading cement company in the country and the world.

Speaking at the Bihar Investor Meet held at Hotel Taj Mansingh, New Delhi, Neeraj Akhouri said, “As the President of Holcim India, two of India’s most well-known cement industries Ambuja Cement Limited and A.C.C. Ltd. for the first time that I have got this opportunity to dedicate a 1200 crore unit to my motherland. Both these companies are leading in making their significant contribution to the country and the state. In this endeavour, Ambuja Cement is committed to set up a mega project of 5 million tonnes in the floods of Bihar.

Akhauri said that for me personally today is a day full of pride. For the first time in his tenure of three decades, he has got this golden opportunity to meet his motherland, motherland and acquaintance land in a new context. With this investment of 1200 crores, I am sure that this project will prove to be a milestone in the development and progress of Bihar. For this I thank the Industries Minister of Bihar and the officials of the Government of Bihar. Being a Bihari, I have got the opportunity to contribute to my state, it is a matter of great pride for me.

Union Finance Minister Nirmala Sitharaman, Union Steel Minister Rajeshwar Singh, Industries Minister of Bihar Government Syed Shahnawaz Hussain, Development Commissioner, A.C.S. Finance, Principal SecretFGN, Industries and other officials of the Government of Bihar were present. (Source: FGN)

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Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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