India: Aditya Birla Group subsidiary UltraTech Cement will invest US$1.23bn to grow its cement production capacity by 10% to 241Mt/yr. The company’s board has approved new plant projects and expansions amounting to 22.8Mt/yr of additional capacity, scheduled to begin coming online from the start of the 2028 financial year on 1 April 2027.
Chair Kumar Mangalam Birla said “The latest capacity expansion follows US$5.69bn invested in the past five years. The investment reflects the company’s confidence in the Indian economy and the scale of its infrastructure ambitions. When capital is deployed strategically, it energises ecosystems, deepens industrial linkages and creates durable employment. As India enters a transformative era of infrastructure and economic development, UltraTech is well-positioned to meet the rising demand for cement.”
