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UltraTech sets aside a capex of Rs 13,000 crore to add production capacity by 21.9 MTPA
Manufacturing - Oct 30,2023 -Cement manufacturer UltraTech has announced a new investment of Rs 13,000 crore to expand its production capacity in the third phase of growth by 21.9 million tonnes annually, bringing its total capacity to 182 MTPA upon completion.
The board of the Aditya Birla Group flagship firm "approved the 3rd phase of growth with an investment of Rs 13,000 crore towards increasing the capacity by another 21.9 MTPA with a mix of brownfield and greenfield projects," said a statement from the company.
The company has an existing capacity of 132.45 MTPA of domestic grey cement.
Company : UltraTechAditya Birla Group
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