Shree Cement to Invest Rs 1,800 Cr for Meghalaya Plant Expansion

Shree Cement is planning to invest Rs 1,800 crore for its in Meghalaya plant expansion. This marks a major expansion as the company moves into India’s Northeast with a new integrated facility.

The investment in Meghalaya plant will see the company set up operations in East Jaintia Hills, signaling its entry into a region with rising infrastructure demand.

Shree Cement said the board has approved an investment of Rs 1,800 crore to establish a greenfield integrated cement plant in Daistong village, Meghalaya.

The project will include clinker capacity of 0.95 million tonnes per annum and cement capacity of 0.99 million tonnes per annum. The company plans to fund the project through a mix of internal accruals and debt, aligning with its broader expansion strategy.

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The investment is expected to be completed by March 2028. This move positions the company to tap into growing construction activity across the Northeast, where demand is being driven by infrastructure development, housing projects, and improved connectivity.

With this project, Shree Cement aims to strengthen its presence in eastern India while reducing logistics costs by producing closer to consumption centers. The company currently does not have an operational base in Meghalaya, making this a strategic entry into a new market.

The investment reflects Shree Cement’s focus on expanding into high-growth regions with lower competitive intensity. As infrastructure spending continues to rise in the Northeast, the new plant is expected to improve supply efficiency and support regional development.