Reliance Cement has started production of its cement plant in Butibori, MIDC, Nagpur. Reliance Groups marks its entry into cement market. Initially, Reliance Cement will cater the need of Vidarbha region only.
"The commissioning of the Butibori unit is a landmark event in the cement industry, marking the entry of one of the largest business groups of India into the sector. Reliance's foray in the cement industry is a natural extension of its interests in power and infrastructure businesses. Reliance Cement aspires to be amongst the top five cement companies in India in the next five years," said the vice chairman of Reliance Cement, Sumit Banerjee.