UltraTech Cement is set to bolster its footprint in Maharashtra with an investment exceeding *800 crore. The strategic move includes acquiring a 1.1 million tonne grinding unit in Parli from The India Cements for 315 crore, amplifying its presence in the thriving Maharashtra markets.
Ultra Tech's board greenlights capacity expansion at the Parli facility by 1.2 million tonnes, alongside adding 1.8 million tonnes at its Dhule unit, augmenting total capacity to 3.6 million tonnes. The investment of 504.4 crore in capacity expansion, coupled with the Parli unit acquisition, will be entirely funded through internal accruals.
UltraTech aims to complete these expansions by 2025-26, aligning with its vision to achieve a production capacity of 200 million tonnes, as stated by Chairman Kumar Mangalam Birla.

UltraTech Cement's ₹800 crore investment

49,148,760,36,1211,1625

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