UltraTech Cement Becomes World's Largest Outside China, Plans ₹16,000 Crore Expansion
UltraTech now world's largest outside China, plans ₹16K crore capex
Business Standard
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UltraTech Cement has achieved the status of the largest cement company outside China, surpassing 200 million tonnes per annum in capacity. The Aditya Birla Group subsidiary plans to invest ₹16,000 crore (approximately $1.93 billion USD) to reach a target of 240 million tonnes by fiscal year 2028, enhancing its role in India's infrastructure development.
- 01UltraTech Cement is now the largest cement producer outside of China.
- 02The company plans to invest ₹16,000 crore to increase capacity to 240 million tonnes by FY28.
- 03New cement grinding units have been commissioned in Shahjahanpur, Patratu, and Vizag.
- 04UltraTech's network includes 1.5 lakh channel partners and covers over 90% of India's talukas.
- 05The company contributes significantly to India's infrastructure, with its products used in major construction projects.
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UltraTech Cement, part of the Aditya Birla Group, has become the world's largest cement manufacturer outside China, achieving an installed capacity of 200 million tonnes per annum (mtpa) in India. The company is set to invest ₹16,000 crore (approximately $1.93 billion USD) to expand its capacity to 240 mtpa by the fiscal year 2028. Chairman Kumar Mangalam Birla emphasized that this milestone is not a destination but a stepping stone towards greater ambitions. Recently, UltraTech commissioned three new cement grinding units located in Shahjahanpur (Uttar Pradesh), Patratu (Jharkhand), and Vizag (Andhra Pradesh), which will serve key construction regions in North India and the coastal belt. The company's consolidated global capacity now stands at 205.5 mtpa, including operations in the UAE, Bahrain, and Sri Lanka. Birla highlighted the significant role UltraTech plays in India's infrastructure, stating that one in every three homes built in India uses UltraTech products. The company is valued at over ₹3.5 trillion, making it the 24th most valued listed company in India.
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This expansion will significantly enhance UltraTech's ability to supply cement for infrastructure projects across India, potentially lowering costs and increasing availability for construction.
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