Economy & Market
Dalmia Bharat Group plans investment in Odisha
Dalmia Bharat Group plans to spend US$293m towards increasing its production capacity in Odisha. The cement producer has joined the ´Make in Odisha Conclave,´ It has a production capacity of 5.5Mt/yr from two plants in the state. Mahendra Singhi, Group chief executive officer of Dalmia Bharat Group, said that Odisha´s gross domestic product (GDP) is expected to grow by 12 per cent by 2020.