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Business & Corporate

Shree Cement plans ₹18 billion integrated plant to expand North-East India footprint

India | April 07, 2026
Federal Reserve Building

Shree Cement has approved a ₹18 billion investment to build an integrated cement plant in Meghalaya, targeting completion by March 2028. The project aims to strengthen the company’s presence in North-East India, expand clinker and cement capacity, and support regional infrastructure demand while being financed through internal accruals and debt.

Shree Cement Limited has approved the construction of a new integrated cement manufacturing facility in Meghalaya, according to a regulatory disclosure. The plant will be developed in the East Jaintia Hills district and is scheduled for commissioning by the quarter ending March 2028. The facility is designed with clinker capacity of 0.95 million tonnes per annum and cement capacity of 0.99 million tonnes per annum. The company currently has no operational capacity at the proposed location, and the project will be funded through a mix of internal accruals and debt.

The investment reflects continued capacity expansion in India’s North-East, a region witnessing growing infrastructure development, cross-border trade opportunities, and logistical advantages for serving eastern markets. Establishing an integrated unit allows better control over clinker production, reducing reliance on external supply and improving cost efficiency.

The development is likely to influence regional cement dynamics, potentially increasing competition in Meghalaya and neighboring states such as Assam, Tripura, and Arunachal Pradesh. Infrastructure developers, construction companies, and government-backed projects may benefit from improved supply availability and reduced transportation costs. For businesses and investors, the move signals Shree Cement’s long-term strategy to deepen geographic diversification and capture demand linked to roads, housing, and industrial projects in the North-East.

Shree Cement Limited is one of India’s major cement producers, with a diversified manufacturing footprint and a focus on energy-efficient operations. The expansion also indicates sustained industry investment in emerging regional markets where consumption growth is expected to outpace national averages.

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