UltraTech to invest Rs. 6,500 crore to increase cement making capacities by 19.8 MT: Kumar Mangalam Birla.

UltraTech Cement plans to invest close Rs. 6,500 crore on a growth plan to increase capacities by 19.8 million tonnes MT in FY 22 and FY 23, said its chairman Kumar Mangalam Birla.

“These expansions, once commissioned, would further strengthen your company’s market share and financial performance,” said Birla in his address to the company’s shareholders at the annual general meeting held recently.

ET