UltraTech Cement: A Quality and Growth Stock for Investors
July 14, 2023
Capacity
/ Cement industry
UltraTech Cement: A Leader in Cement Industry with Robust Expansion Plans UltraTech Cement, India’s largest cement manufacturer and a part of the Aditya Birla Group, is on a growth path with a vision to become one of the top three cement producers in the world. The company has recently commissioned a new 1.3 mtpa brownfield cement capacity at its Sonar Bangla unit in West Bengal, taking its overall capacity to 131.25 mtpa. This is part of its phase-1 expansion plan, which will add 19.9 mtpa of incremental capacity across its plants in India by FY23. The company has also embarked on phase-2 expansion plan, which will take its capacity to 154 mtpa by FY25-26E. The company has also set an ambitious target of reaching 200 mtpa by 2030. In this blog post, we will explore how UltraTech Cement is expanding its capacity and becoming a global leader in the cement industry with its vision and performance. UltraTech Cement, India’s largest cement manufacturer and a part of the Aditya ...