UltraTech aims for 200 mtpa capacity to cement market leadership

In a parallel drive, the Adani Group, having entered the building materials sector through its acquisitions of Ambuja Cements and ACC, is aggressively pursuing a capacity target of 140 million tonnes. This rapid acceleration in capacity development mirrors the impressive growth of the country's infrastructure landscape.
The impending acquisition of Sanghi will further enhance Adani's cement unit capacity, scaling up from 67.5 million tonnes to 73.6 million tonnes. UltraTech Cement, on the other hand, demonstrated remarkable growth, doubling its grey cement production capacity from 66 million tonnes in FY16 to an impressive 132 million tonnes in FY23. Additional increments of 12.4 million tonnes during FY23 and 5.5 million tonnes in FY24 have propelled UltraTech's total cement production capacity to 137.9 million tonnes.
Published on:
14 August 2023
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