UltraTech plans ₹2,000 cr capex for India Cements
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹2,000 crore
- by FY29
- 5% to 80%
UltraTech Cement announced a ₹2,000 crore capital expenditure over the next two years for India Cements. The investment aims to enhance manufacturing infrastructure and energy efficiency, targeting a rise in cement capacity to 17.55 million tonnes by March 2027. This move is part of a broader sustainability initiative to boost green power consumption from 5% to 80% by FY29.
Not investment advice. For informational purposes only.