Wooing businesses to invest in the state’s burgeoning maritime sector, Andhra Pradesh Maritime board recently had a meeting with UltraTech Cement MD Mr. KC Jhanwar.
Mr Jhanwar along with his core team met with APMB’s top management that included Mr Pravin Kumar, IAS, CEO, APMB, Lt Cdr Ravindranath (Retd.), Deputy CEO, APMB and Mr Auszad Shaik, Chief general manager, APMB.
Speaking to Vizag Industrial Scan Lt Cdr Ravindranath informed that Ultra Tech Cement’s management wanted to explore maritime opportunities on the east coast of India and thus had visited AP’s 3 upcoming Greenfield ports.
Discussions with Ultra Tech Cement officials had already been on-going however this was their first physical interaction with the APMB officials.
‘We have had a formal discussion with them and have explained them about the vast and relevant opportunities suiting their business profile. Based on our discussions today they shall submit a proposal’ said APMB’s Dy. CEO.
Ultra Tech cement has been looking to expand its production capacity in Andhra Pradesh for which they have been scouting captive berths to address their logistic needs.
Mr. Jhanwar is a veteran of the Aditya Birla Group with a career spanning more than 38 years in the Group. Mr Jhanwar joined the Cement business of Aditya Birla Group as a management trainee in 1981.
Ultra Tech cement is the largest manufacturer of grey cement and ready-mix concrete (RMC) and one of the largest manufacturers of white cement in India.
As per the company it is the only cement company globally (outside of China) to have 100+ MTPA of cement manufacturing capacity in a single country.
