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DIGVIJAY'S HISTORY

Presently as a part of Votorantim Group, Digvijay witnessed various up and downs since inception as indicated below :

1944

Digvijay traces its origin on 6th November by Bangurs.

1947

Started commercial production with 1 lac M.T capacity per annum.

1953

First expansion making total capacity to 2 lac M.T per annuam.

1954

Construction of Aerial Ropeway, a unique system in the country for transportation of sea-sand from jetty to plant.

1956

Second expansion to increase the production capacity to 4 lac M.T per annum.

1957

Ropeway put in to Operation.

1958

West Cost Paper Mills Ltd commissioned with financial help of Digvijay.

1959

Clinker grinding plant commissioned at Mumbai known as "Bombay Cement Mill" with annual capacity of 1 lac M.T.

1960

Asbestos Plant installed at Ahmedabad known as "Asbestos Product Division."

1964

Ropeway system installed for transportation of clinker and cement directly to Ship from factory.

1966

Commissioned Cement grinding unit at Ahmedabad known as Ahmedabad Cement Mill.

1967

Enhancement of cement production capacity to 6 lac M.T per annum.

1979

Beawar cement project initiated with financial help of Digvijay.

1982

Amalgamation of Hastings Jute Mill, Shreeram Silk Mill and Relaxon.

1984

Conversion of metre gauge line into broad gauge line.

1985

»

Dry process plant commissioned

»

Lockout at Bombay Cement Mill.

1989

Digvijay become Sick and registered with BIFR first time.

1992

Digvijay came out of BIFR through profit and Equity infusion.

1994

Demerger of Fibre Product Division, Ahmedabd Cement Mill, Shreeram Silk Mill and Relaxon from Digvijay.

1998

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Hastings Jute Mills sold.

»

Grasim acquired management control of Digvijay

»

Digvijay became Sick second time.

2000

Installation of captive power plant (DG Sets) and upgradation of Cement Mill to reduce cost.

2001

Digvijay was badly affected in earthquake.

2002

Downsizing of manpower through VRS.

2007

Digvijay came out from BIFR.

2008

Cimpor acquired management control of Digvijay.

2013

Votorantime acquired management control of Digvijay.