UltraTech Cement plans ₹10,255 crore capacity expansion
pre-market1 source ↓written by the desknot a recommendation
- investment to boost
- ₹10,255 crore
- production capacity
- 22.8 mtpa
UltraTech Cement Limited has announced a ₹10,255 crore investment to boost its cement production capacity by 22.8 mtpa. This expansion, involving both brownfield and greenfield projects, underscores its commitment to India's growing infrastructure needs. The company aims to enhance its position as a leading global cement producer.
This significant capex reflects confidence in India's economic growth, potentially impacting cement supply dynamics and market sentiment.
Not investment advice. For informational purposes only.