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Birla Corporation aims to double cement manufacturing capacity in next five years

30 Sep 2021 Evaluate

Birla Corporation is aiming to almost double its cement manufacturing capacity to 30 million tons per annum in the next five years by 2027. It has an ‘aggressive expansion plan' and will expand in markets where it has an edge over its competitors. Plans are afoot to reach a target of 30 MTPA by 2027. Birla Corporation has a current production capacity is 15.6 mt and is expected to go up to almost 20 MTPA by the end of the current fiscal year, when its greenfield 3.9 MTPA plant at Mukutban, near Nagpur, is commissioned. The aggressive expansion plan is reflective of the company’s improving profitability and cash flow.

Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.

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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