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UltraTech Cement plans a $1.32 billion investment to expand its cement production capacity by 2027.
UltraTech Cement, India's largest cement producer, plans to invest ₹10,000 crore ($1.32 billion) in its expansion for the financial year 2025-26.
The investment aims to boost its cement capacity to 200 million tonnes per annum by 2027.
The company expects a 7% growth in the coming year, driven by increased government spending on infrastructure and urbanization.
UltraTech also aims to reduce its debt and improve margins as it integrates recently acquired assets to its standards.
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UltraTech Cement planea una inversión de $ 1.32 mil millones para expandir su capacidad de producción de cemento para el año 2027.