Birla Corporation is planning to consolidate its operations in the cement business while also looking at diversification in a meaningful way. The company plans to raise the production capacity to 27.6 million tonne by 2028-29, by way of new grinding units and clinkerisation. The proposed capital expenditure for this would be Rs 4335 crore.
The company is also focusing on renewable energy and its consumption is increasing. The company wants to consolidate its strength in the core areas of operations, which is cement. This will give better price realization.
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.
