Dalmia Cement plant in Belgaum in Karnataka is expected to come into being by March next year and it is to provide over 1,000 jobs in the area. Having strong presence in Tamil Nadu and Kerala, the company wants to spread in Karnataka.
The company's Belgaum plant will have a production capacity of 25 lakh tonne per year. The group has invested Rs 1,300 crore on this plant. Karnataka is a key state for the company and the group aims to break into the top three cement makers in the state. Currently, the top three cement firms in the state are Ultratech, Zuari and ACC.
Presently, the company’s market share through sales is about 5 per cent from Karnataka, compared to about 14 per cent each from Tamil Nadu and Kerala.