*Click on the map to enlarge
Italcementi Group entered the Indian market in January 2001, through the acquisition of Yerraguntla cement plant, located in the southern part of Andhra Pradesh State.
This investment was initially made through a 50/50 joint-venture with the KK Birla Group; then, in May 2006, Italcementi Group acquired the full control of the company.
In January 2002 Zuari Cement took over another company, Sri Vishnu (SVCL), situated in Sitapuram, in the northern part of Andhra Pradesh State, near the capital, Hyderabad, the 3rd consumption centre of the South.
Until now, Italcementi Group has invested around 200 million euro in India.
The reference market spreads over almost the whole of South India and represents in excess of 30% of the country's consumption. In the South, Italcementi Group holds a market share of 5.0%.
The Group has further strengthened its presence in India with a strong industrial investment plan, setting up a second line in Yerraguntla which has begun operations by March 2010.
To serve the local markets of Chennai, the company has set up a grinding unit at Chennai with a capacity of one million tonne. Commissioned in May 2011, the grinding unit receives the clinker from its Yerraguntla plant in Kadapa.
The Group started some projects aimed at extending its offer in India: besides the study of a new cement plant with a production capacity of three million tons per year in Gulbarga, in the Karnataka region, it is working at the construction of a grinding centre in Sholapur (Maharashtra) and of a maritime terminal in Cochin (Kerala) with a capacity of one million and 0.6 million tons respectively.