UltraTech Cement Limited, India’s largest cement manufacturing company, has set a target to achieve 200 million tonne per annum (MTPA) production capacity.
As of now, the company's grey cement production capacity in the country had risen to 132.45 MTPA, almost doubling from 66.3 MTPA recorded in FY16. The ambitious target comes amidst sectoral consolidation which has increased the intra-industry competition.
The company successfully commissioned 12.4 MTPA capacity of grey cement in FY23, and has further commissioned 5.5 MTPA brownfield capacity so far in this financial year (FY24), raising the total capacity to 137.85 MTPA.
These include 2.2 MTPA at Patliputra in April, 2023; 0.8 MTPA at Neem ka Thana, Rajasthan in May, 2023; 1.3 MTPA at Sonar Bangla, West Bengal in July 2023 and 1.2 MTPA at Magdalla, Gujarat in August 2023.
Further, work on its next phase of growth of 22.6 MTPA is in full swing and commercial production from these new capacities is expected to go on-stream in a phased manner by FY25 and FY26.
The flagship cement company of Aditya Birla Group has charted an aggressive expansion plan as it believes that demand for cement across all sectors will continue to remain strong which is highly favorable for its performance.
