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UltraTech eyes 200 mt production capacity
Mint Mumbai
|August 12, 2023
Firm added 5.5 mtpa capacity this fiscal year to reach a total of 138 mtpa
UltraTech Cement Ltd will work towards achieving a production capacity of 200 million tonnes (mt), chairman Kumar Mangalam Birla said on Friday, up from its existing commissioned capacity of nearly 138 mt.
"This scorching pace of expansion is unprecedented in the sector. Completion of all the capacity expansion projects currently underway will take your company's cement production capacity to 160-plus mtpa (million tonnes per annum). Your company is now targeting an ambitious goal of achieving a production capacity of 200 mt," Birla said at UltraTech Cement's 23rd annual general meeting.
Ultratech doubled its grey cement production capacity from 66.3 mtpa in FY16 to 132.4 mtpa in FY23.
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