UltraTech Cement, India's largest manufacturer of grey cement, ready-mix concrete and white cement, serves institutional customers through concrete plants.
UltraTech Cement surpasses **200 million tonnes per annum (MTPA)** in installed cement production capacity in India, securing its position as the **world’s largest cement producer outside China**. The company expanded its capacity by **100 MTPA in under seven years**, with plans to grow further to **over 240 MTPA** in the future.
UltraTech Cement surpasses **200 million tonnes per annum (mtpa)** in production capacity, securing its position as the largest cement producer outside China. The expansion relies heavily on acquisitions, including **L&T Cement, Jaypee, Binani, Century, Kesoram, and India Cements**, contributing about **90 mtpa** to its total capacity. The company now leads the global cement market beyond China’s dominance.
UltraTech Cement acquires a **32.72% stake** in India Cements, raising its total ownership to **55.49%**. The move makes India Cements an **immediate subsidiary** of UltraTech under SEBI regulations. The transaction consolidates UltraTech’s control over the cement producer.
UltraTech Cement acquires a grinding unit from India Cements for ₹315 crore. The company plans to invest an additional ₹504 crore to expand capacity at two of its existing production units. The move aims to bolster its cement manufacturing capabilities in India.