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                                                           another significant investment in the State.”
                                                           He further added: “This world-class unit is a clear reflection of our
                                                           long-term vision of redefining cement manufacturing for a low-
                                                           carbon future. We are creating a next-generation manufacturing  CONSTRUCTION
                                                           ecosystem capable of producing one of the world’s greenest
                                                           cements, while setting new benchmarks in efficiency and
                                                           sustainability. As a partner in Bharat’s growth journey, we are
                                                           committed to building manufacturing assets that not only support
                                                           the nation’s infrastructure needs today but also contribute to its
                                                           sustainability goals.”
                                                           Dalmia Bharat is the first cement company globally to commit
                                                           to the RE100, EP100 and EV100 initiatives. It will continue to work
                                                           on inclusive development in the region with the administration
           DALMIA BHARAT TO MANUFACTURE ONE OF THE         and local communities, and will actively increase its ongoing
       WORLD’S GREENEST CEMENTS FROM ANDHRA PRADESH        programmes for education, healthcare, skill development and
       Dalmia Bharat Limited (DBL), one of India’s leading cement   community welfare through its flagship CSR programs – DIKSHa
       manufacturing companies, today laid the foundation stone for   & Gram Parivartan. The expansion is expected to create business
       its second manufacturing unit in Kadapa, Andhra Pradesh.   opportunities for local MSMEs, transporters, contractors, and
       The foundation laying ceremony was graced by  Nara Lokesh,   service providers along with the overall employment opportunities
       Hon’ble Minister for Information Technology, Electronics &   at the plant.
       Communications, Real Time Governance and Human Resources
       Development, Government of Andhra Pradesh, along with Mr.
       Puneet Dalmia, Managing Director & CEO, Dalmia Bharat Limited,
       senior government officials and the company’s leadership.
       With an investment of `3100 crore, the project will establish a
       next-generation integrated manufacturing facility, designed to
       produce one of the world’s greenest cement. This expansion is a
       part of the announcement made by the company in 2025.
       To be commissioned by Q3 FY28, the new Kadapa unit will
       become Dalmia Bharat’s largest integrated manufacturing
       facilities in southern India with a clinker capacity of 6.1 MTPA and
       cement manufacturing capacity of 9.6 MTPA. The commissioning
       is expected to create approximately 1000 direct and indirect
       additional job opportunities.
       Commending Dalmia Bharat for the
       initiative,  Nara Lokesh said: “We see              EMBASSY TO BUILD 3 MILLION SQ FT BENGALURU OFFICE
       in Dalmia Bharat a strong partner that                        SPACE IN `1,500 CRORE PROJECT.
       wholeheartedly  shares  our  vision  of             Realty firm Embassy Developments plans to invest `1,500 crore
       building  a  globally  competitive,  future-        to develop a 3 million sq ft office complex in Bengaluru as part
       ready economy through sustainable                   of its strategy to expand its commercial real estate portfolio and
       industrialisation.  We welcome  the                 generate steady rental income from office assets.
       company’s continued faith in Andhra                 The company, which primarily operates in the residential segment,
       Pradesh and look forward to strengthening this partnership to   has a presence across Bengaluru, the Mumbai Metropolitan
       create jobs, empower local communities, strengthen our industrial   Region (MMR), and Delhi-NCR. The upcoming office development
       base and position our state as a global benchmark for green,   marks a move to diversify its portfolio while leveraging demand for
       technology-led growth.”                             commercial spaces in Bengaluru.
       Speaking on the occasion, Puneet Dalmia,            Embassy Developments Managing Director Aditya Virwani said
       Managing Director & CEO, Dalmia Bharat              the company’s primary focus would continue to be its growing
       Limited, said: “Andhra Pradesh has been an          residential business. However, the firm sees opportunities in
       integral part of our growth journey for over        commercial real estate and aims to build a portfolio of income-
       a decade. Under the visionary leadership            generating assets.
       of Hon’ble Chief Minister N. Chandrababu            Virwani highlighted that the residential segment remains a
       Naidu Ji, Andhra Pradesh has emerged as             key growth driver for the company, with the firm continuing to
       one of India’s most progressive and investment-friendly States.   expand its housing projects across major metropolitan markets.
       Transparent governance, policy stability, world-class infrastructure,   The planned Bengaluru office project is expected to strengthen
       and a strong commitment to ease of doing business have created   Embassy Developments’ presence in the commercial real estate
       an ecosystem that has encouraged Dalmia Bharat to make yet   space while adding a long-term rental income stream.


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