Shree Cements will invest ₹7,000 crore in setting up cement plants in Andhra Pradesh.
Sumanth Gautham, Vice President of the company said here on Thursday at the CII Partnership Summit Shree Cements, the country’s third-largest cement producer, has decided to establish cement plants in districts across the state, including Kadapa, Anakapalli and Guntur.
The company decided to invest in the state after taking note of the incentives being offered to investors by the coalition government led by Chief Minister N Chandrababu Naidu, and the investment-friendly environment in the State, he told newspersons here. The company produces 75 MMT of cement every year.
Published on November 12, 2026
