Concrete

UltraTech Cement plans to invest $1.56bn

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UtraTech Cement announced a planned capital expenditure investment of $1.56 billion into capacity expansion to commence from beginning of financial year 2026, this growth is reported to increase their capacity by 13 per cent to 187Mt per year. The growth comprises of four new production facilities and four upgrades to existing facilities. This plan is expected to be executed in a phased manner within a currently unspecified end date. The move is a step to ensure the company is prepared to meet the expansion pace of the country’s infrastructure needs.

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