Ultratech Cement Ltd.

UltraTech Cement is planning a capital expenditure of Rs 3,798 crore this fiscal to add 2.9 million tonnes with supporting grinding units and waste heat recovery in its subsidiary Aditya Cement Works in Rajasthan. Moreover, the company intends to invest Rs. 3,053 crore next fiscal and another Rs 205 crore in the financial year 2016-17. Besides, the company will also invest to modernise facility at its jetty in Gujarat.

The company is expecting to achieve a turnover of Rs 25,000 crore this fiscal against Rs 20,078 crore recorded last financial year. Further, the company expects the supply to exceed demand for the next few years with additional capacity being set up by the industry going on stream.

UltraTech manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzalana Cement. The company has 11 integrated plants, one white cement plant, one clinkerisation plant in UAE, 15 grinding units 11 in India, 2 in UAE, one in Bahrain and Bangladesh each and five terminals, four in India and one in Sri Lanka.