Reliance Cement Company (RCC), a subsidiary of Reliance Infrastructure, today launched its cement in Bihar, which is one of the most promising cement markets in India.

The cement market in Bihar is expected to grow at the rate of 9% over the next few years. The increasing industrial activity due to real-estate boom and other infrastructure developments will drive this growth. Reliance Cement is well positioned to serve the potential cement market in Bihar.

Atul Desai, chief marketing officer, Reliance Cement said, "Bihar is among the largest cement consuming states in India with total consumption of around 14 million tonne per annum."

Shares of the Reliance Infra declined Rs 14.75, or 2.1%, to settle at Rs 689.30. The total volume of shares traded was 363,830 at the BSE (Monday).