Surya to set up 5 MMTPA cement plant in Gujarat

Having commenced production of its first factory in Gujarat of GI and API pipes at an investment of Rs 400 crore, the group now intends to sign a memorandum of understanding (MoU) with the state government for a mega cement plant in Kutch district at the upcoming Vibrant Gujarat Global Investors' Summit (VGGIS) 2011.

"We have already written a request letter to the Gujarat government for setting up of a five million metric tonne cement plant in Kutch district.

According to Agarwal, in the next two years, the group expects a turnover of Rs 1,500 crore from its pipe manufacturing facility in Gujarat.

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