Cement Majors Ramp Up Mfg Capacities | Mumbai Information – Occasions of India

Mumbai: Two of the nation’s largest cement gamers are ramping up manufacturing capabilities, UltraTech, India’s primary cement participant, is commissioning two new greenfield capacities totaling 5.4 million tonnes in Chhattisgarh and Tamil Nadu, which is able to take its whole capability to 151.6 million tonnes. This capability, stated UltraTech, is greater than 150% of the capability within the US and 80% of Europe’s capability.
Shree Cement, the third-largest participant, has inaugurated a three-million-tonne new plant in Andhra Pradesh, which is able to propel its capability to 56.4 million tonnes. Constructed with an funding of Rs 2,500 crore, the Andhra Pradesh plant shall be Shree Cement’s sixth facility within the nation and second within the southern area after Karnataka.

Aditya Birla Group, which owns UltraTech, stated it took 36 years for it to get to a capability of 100 million tonnes however it added the following 50 million tonnes in lower than 5 years. “Reaching this milestone is symbolic of India’s ascent on the worldwide stage and demonstrates the dynamism and scale of Indian companies,” stated Aditya Birla Group chairman Kumar Mangalam Birla. UltraTech will make investments Rs 32,400 crore in direction of ongoing capex over the following three years. In FY24, it had expanded capability by 18.7 million tonnes.
Shree Cement stated it commissioned the Andhra Pradesh plant six months forward of schedule. “We’re dedicated to rising responsibly,” stated Shree Cement MD Neeraj Akhoury. Round 75% of the plant’s energy requirement is met via renewable vitality sources. The corporate had elevated capability by 9.5 million tonnes in FY24, via three new greenfield crops at an funding of over Rs 7,000 crore.

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