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NUVOCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nuvoco Vistas' Board has approved establishing a new bulk cement terminal at Viramgam, Sachana, Gujarat. The terminal will have a dedicated railway siding and handling capacity of approximately 1.5 million metric tonnes per annum. It will handle both loose and packed cement with streamlined unloading, storage, and dispatch operations. The facility is designed as a strategic distribution hub to expand the company's market reach in Gujarat. Commissioning is targeted for fiscal year 2027-2028.
This represents a capacity expansion and distribution network investment. The dedicated railway siding and large handling capacity indicate significant capex commitment. It should strengthen Nuvoco's competitive position in the Gujarat cement market.