Patna : Reliance Cement Company Monday announced its foray into the Bihar market with its product.
In a statement here, the company, a subsidiary of Reliance Infrastructure Ltd., said it has launched its cement in Bihar which is one of the most promising cement markets in India.
“The cement market in Bihar is expected to grow at the rate of 9 percent over the next few years. The increasing industrial activity due to real-estate boom and other infrastructure developments will drive this growth. Reliance Cement is well positioned to serve the potential cement market in Bihar,” the statement said.
“Bihar is among the largest cement consuming states in India with total consumption of around 14 million tonnes per annum (MTPA),” Atul Desai, CMO, Reliance Cement, was quoted as saying in the statement.
Reliance Cement currently sells in the key cities of Maharashtra, Uttar Pradesh, Madhya Pradesh, West Bengal and Jharkhand.
It has also started exporting clinkers to neighbouring country, Nepal.
Reliance Cement has a total installed production capacity of 5.8 MTPA. The company is also developing a five MTPA Greenfield project in Maharashtra.