Kalaburagi to see Rs. 7610 Cr Industrial Investments in Cement Sector: IT BT Minister Kharge

Shri Priyank Kharge, the Minister of IT and BT for the Government of Karnataka, recently took to his official Twitter account to announce substantial new investments in Kalaburagi.

Massive Boost to Kalaburagi’s Economy

The Government has approved ₹7610 crores in new investments, signaling a significant economic boost for Kalaburagi. These investments are expected to spur growth and development in the region.

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1) Shree Cement Limited

• Place of Investment: Gulbarga District
• Investment Amount: ₹2,850 Crores
• Production Capacity: 6 Million Tonnes/Year
• New Jobs: 1000

2) Ultratech Cement Limited

• Place of Investment: Gulbarga District
• Investment Amount: ₹2,670 Crores
• Production Capacity: 4 Million Tonnes/Year
• New Jobs: 650

3) Orient Cement Ltd

• Place of Investment: Gulbarga District
• Investment Amount: ₹90 Crores
• New Jobs: 60

4) Ramco Cements Limited

• Place of Investment: Gulbarga District
• Investment Amount: ₹2,000 Crores
• Production Capacity: 2.15 Million Tonnes/Year
• New Jobs: 360

These investments from leading cement companies are expected to create a substantial number of jobs and enhance the industrial landscape of Kalaburagi. The Government’s commitment to fostering economic growth is evident in these strategic decisions.

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