Dalmia Bharat Group to invest in Odisha

Dalmia Bharat Group plans to ramp up its cement production capacity in Odisha for an investment of around Rs 2,000 crore. Mahendra Singhi, Group CEO, Dalmia Bharat Group, said, Odisha is on a high economic growth trajectory and its GDP is expected to grow at around 12 per cent by 2020. Government's commitment to industrial development is backed by industry friendly policies which is already showing positive results. "Odisha has always been our home soil and our business relationship with the state has matured over the years. The state's zeal to grow further thus compels us to partner its next leap of growth," he said. Amandeep, Director and CEO, OCL India Ltd, said good governance and stable political leadership has been one of the prime factors that has helped investors show faith in investment in the State.