The cement manufacturer UltraTech stated on Saturday that it will invest an additional Rs 13,000 crore to expand its production capacity by 21.9 million tonnes annually in the third phase of growth. Once this expansion is completed, the company’s overall capacity will stand at 182 MTPA.
“An investment of Rs 13,000 crore for expanding the capacity by 21.9MTPA with a mix of greenfield and brownfield projects, is approved marking the third phase of growth,” the Aditya Birla Group’s flagship company mentioned in a statement.
Currently, the company can produce 132.45 MTPA of household gray cement.
“With the third phase of growth, UltraTech will be strongly positioned across the country with 33.8 MTPA in the west, 35.7 MTPA in central, 36.2 MTPA in north, 40.4 MTPA in east and 35.5 MTPA in south” it said.
Four greenfield bulk terminals, four brownfield plants, and four greenfield plants will be established to accomplish this.
” Phased commercial production from these new capabilities is anticipated to begin in FY26 and propel the company’s cement capacity to 187 MTPA globally.” it stated.
Aditya Birla Group Chairman Kumar Mangalam Birla commented on the news, stating that UltraTech’s commitment to India’s growth story is demonstrated by this investment.
” Over the past seven years, UltraTech has consciously invested over Rs 50,000 crores to support India’s rapidly changing infrastructure sector. Our recent pledge of Rs 13,000 crores is further evidence of our steadfast faith in India’s economic potential,” he stated.
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