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India Cements gets nod for capex to expand capacity, modernization

18 Oct 2025 Evaluate

The India Cements has received approval for capex towards capacity expansion and modernisation. The company’s board has approved an investment of Rs 440 crore for capacity expansion, under which the company will add a capacity of 2.80 million tonnes to its existing capacity 14.75 million tonnes, which is currently operating at a capacity utilization of 60% to 75%. The new capacity will be added in around 2 years.

In addition to capacity expansion, the board of directors approved an investment of Rs 1,574 crore towards modernization. The Board of Directors of the company at their meeting held on October 17, 2025, approved the same.

The India Cements is engaged in the manufacture of products that will enable the customer to build structures which are durable, cost effective and conducive for human life style.

Peers
Company Name CMP
Ultratech Cement 10799.00
Ambuja Cements 363.00
ACC 1183.15
Shree Cement 21871.80
Dalmia Bharat 1680.60
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