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Ambuja Cements planning to invest Rs 310 crore to expand Ropar unit

02 Aug 2021 Evaluate

Ambuja Cements is planning to invest Rs 310 crore to expand the production capacity of its plant at Ropar, Punjab, over the next two years. The said investment is a part of Ambuja Cements (ACL) aim to have a total cement capacity of 50 MTPA (million tonnes per annum) in the mid-term and in anticipation of a growing demand for cement triggered by the steady growth in India's urbanization leading to more investment in public infrastructure and housing.

The expansion at the Ropar plant is expected to be completed by June 2023 and after this total capacity of the cement grinding unit at Ropar will increase to 4.5 MTPA from 3 MTPA now.

Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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