UltraTech Cement Sets New Milestone with 2 New Units, Surpassing 150 MTPA Capacity
UltraTech Cement Limited, a flagship company of the Aditya Birla Group and a leading player in the cement industry, has recently achieved a significant milestone by commissioning two new greenfield capacities in Chhattisgarh and Tamil Nadu. With an additional 5.4 million metric tonnes per annum (mtpa) of capacity, UltraTech’s total cement capacity now stands at an impressive 151.6 mtpa, cementing its position as a key player in the global cement market. The company’s remarkable growth trajectory underscores its commitment to driving sustainable growth and delivering superior value to stakeholders.
Reflecting on this achievement, Mr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, emphasized the significance of UltraTech’s milestone in India’s development journey. He stated, “Reaching this milestone is symbolic of India’s ascent on the global stage and demonstrates the dynamism and scale of Indian corporations. UltraTech, as a national champion, is an enabler of India’s development.” He further highlighted UltraTech’s extensive footprint across India, with integrated cement plants, grinding units, bulk terminals, and ready mix concrete plants strategically located across 59 locations.
Over the past 36 years, UltraTech’s cement business has witnessed remarkable growth, reaching a capacity of 100 mtpa. Subsequently, UltraTech has added the next 50 mtpa in less than 5 years, with an investment of approximately Rs. 32,000 crores. This rapid expansion, outpacing industry growth, underscores UltraTech’s leadership position and its contribution to India’s economic growth.
Mr. KC Jhanwar, Managing Director of UltraTech Cement, echoed Mr. Birla’s sentiments, emphasizing UltraTech’s commitment to sustainable growth and supporting India’s development agenda. He stated, “This achievement is a significant milestone in UltraTech’s transformative growth journey. It has been our constant endeavour to drive sustainable growth by delivering superior value to all stakeholders. India’s strong growth trajectory provides the cement sector significant headroom for long term growth. As India’s leading cement and ready-mix-concrete company, UltraTech is well placed to support the country in its exciting growth journey ahead.”
UltraTech’s ongoing expansion plans, including the proposed acquisition of Kesoram Cement, further demonstrate its commitment to augmenting its capacity and solidifying its position as a market leader. With a capex of Rs. 32,400 crores planned over the next three years, UltraTech is poised to drive innovation, excellence, and sustainability in the cement industry.
*Image used in this post is for illustration only
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