Kolkata-based Shree Cement will invest around Rs 10 billion to set up two grinding units – one each in Jharkhand and Odisha – in the next one year with an eye on enhancing presence in east India as per reports. The company which has a total production capacity of around 40 million tonnes per annum is looking to grow it by 10 per cent growth every year by adding around 4 million tonnes per year. According to the sources within the next one year they are putting up two grinding units in east India. Roughly Rs 10 billion will be the capital expenditure. The first one will come up in Jharkhand and the second in Odisha. It will be supported by another unit in Chhattisgarh, the mother clinkerisation unit.