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Birla Corporation Limited, the flagship of the M P Birla Group, announced plans to strengthen its core cement business with a proposed capital expenditure of Rs4,335 crore. Speaking at the company’s Annual General Meeting in Kolkata, Chairman Harsh V Lodha said the company aims to raise its cement production capacity from 20 million tonnes to 27.6 million tonnes by 2028–29 through new grinding units and clinkerisation.
The company is a key player in central India’s cement market and is also pursuing coal block allocations, currently at various stages of approval. Lodha emphasized that while cement remains the company’s core focus, Birla Corporation is actively exploring meaningful diversification opportunities.
Among its legacy businesses, the jute division is receiving renewed attention. Lodha noted that the Birla Jute Mill—India’s first jute mill established by an Indian family—is being repositioned to boost revenue. The company is also increasing its consumption of renewable energy, aligning with broader sustainability goals.
Managing Director & CEO Sandip Ghose added that protecting market share in terms of volume and value remains a priority. “Consolidating strength in cement will enable better price realization,” he said, while reiterating the company’s intent to move up the value chain through strategic diversification.
