UltraTech surpasses 150 million tonne of production capacity
UltraTech Cement has crossed 150 million tonne in production capacity with the commissioning of two greenfield units in Tamil Nadu and Chhattisgarh on Tuesday.
The country’s largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe.
“Reaching this milestone is symbolic of India’s ascent on the global stage and demonstrates the dynamism and scale of Indian corporations,” Kumar Mangalam Birla, chairman of the Aditya Birla Group said.
The combined capacities of the plants in Chhattisgarh and Tamil Nadu will be 5.4 million tonne.
India is the world’s second-largest producer of cement in the world, and almost all large players have been rapidly adding capacities as they look to capture the continued growth in demand expected over the next few years.
UltraTech plans to raise its production capacity to 200 million tonne, chairman Kumar Birla had said at the company’s annual general meeting last year, following it up with an announcement to invest Rs 13,000 crore for adding 21.9 million tonne to its existing capacity through a combination of greenfield and brownfield expansion.
Last week, the company also commissioned a one-million-tonne of brownfield capacity at its plant in Roorkee, Uttarakhand.
The flagship company for cement in the Aditya Birla Group, UltraTech has added nearly 19 million tonne of capacity over the last 12 months, and will further add more than 35 million tonne of capacity across 16 locations. It will
