en.Wedoany.com Reported - Ambuja Cements, part of the Adani Group, has broken ground on a new cement plant in Guna district, Madhya Pradesh, India. The project is located in Mawan village, about 10 kilometers from Guna city.

According to state government officials, the cement plant involves an investment of 10.59 billion Indian rupees (approximately US$127 million) and is expected to create around 1,500 jobs.

Madhya Pradesh Chief Minister Mohan Yadav and Union Minister Jyotiraditya Scindia attended the foundation stone laying ceremony, along with representatives from the Adani Group.

Pranav Adani stated that the cement plant will be developed in two phases, with the first phase scheduled to commence operations in 2028. He added that the plant is expected to contribute over 60 billion Indian rupees to the state exchequer over time.

The project is part of Ambuja Cements' strategy to expand its production capacity, as the company continues to strengthen its presence in the central and northern Indian cement markets.

State government officials indicated that the development project aims to support industrial growth, infrastructure development, and job creation in the Guna region.

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