The move is significant as till recently Northeast was known for meeting its cement needs by mainland manufacturers.
Thanks to the huge expansion of Star Cement production capacity, the region is now able to produce excess cement for supply to mainland.
first line dispatch of railway rake loaded with Star Cement was flagged off on Sunday. Speaking on the occasion, Mr. Jyoti Swaroop Agarwal, President (Sales & Marketing), Star Cement, said that the company is well placed to tap into economic opportunities in eastern market which has witnessed a spurt in cement demand in last few years.
“Eastern India’s demand growth is currently double the national average. The projected compound annual cement demand growth rate for the region is around 13 per cent for the next few years. For the country as a whole, it is under 7 per cent”, he said.
Star Cement, which has more than 20% market share in Northeastern market, has recently commissioned its new state of art cement plants at Jaintia Hills Meghalaya and Guwahati.
With these capacity additions its production capacity has gone up to 4 million tons per annum. With entry into new territories like North-Bengal & Bihar, it has become a true pan-Eastern India company, first from North-East who has earned this tag. Last year Star Cement had also started export of clinker to Bangladesh.