Leading cement manufacturer UltraTech Cement has unveiled an ambitious plan to invest ₹10,255 crore, aiming to expand its total production capacity by a staggering 22.8 million tonnes per annum (mtpa). This significant investment also encompasses its subsidiary, India Cements Ltd., as confirmed by the company in a recent statement.
The expansion, which received the green light from the company’s Board of Directors, will involve a strategic blend of brownfield (existing facility upgrades) and greenfield (entirely new facility construction) projects.
Kumar Mangalam Birla, the Chairman of Aditya Birla Group, emphasized India’s growing prominence in the global cement sector, stating, “India is now a commanding force in the global cement landscape, and UltraTech stands at the helm as its foremost champion.”
He further highlighted that this latest surge in capacity comes on the heels of over ₹50,000 crore already invested in the past five years. This consistent and substantial capital expenditure clearly demonstrates profound and unwavering confidence in the resilience of the Indian economy and the sheer magnitude of its infrastructure development goals.
Birla added that this new investment is set to bolster momentum across vital sectors, significantly contributing to the acceleration of India’s economic growth. He concluded by asserting that “As India enters a transformative era of infrastructure and economic development, UltraTech is well-positioned to meet the rising demand for cement.”
Currently, UltraTech holds an impressive position as the world’s second-largest cement company by capacity, and stands as the largest by sales volume (excluding companies based in China).
The company anticipates that commercial production from these newly expanded capacities will commence in a phased manner, beginning in the fiscal year 2028. Once fully operational, these additions will boost UltraTech’s global cement capacity to an astounding 240.76 mtpa.