Ultratech Cement Ltd.

BSE: 532538 | NSE: ULTRACEMCO
Large Cap | Cement & Construction Materials
12210.00
173.20 (1.44%)
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UltraTech Cement to set-up 3.5 MTPA integrated cement plant at Rajasthan

Date: 11-12-2017

UltraTech Cement has received an approval for setting up of a 3.5 MTPA integrated cement plant at Pali, Rajasthan, at an investment of around Rs 1,850 crore. The commercial production from the plant is expected to commence by June, 2020. The board of directors of the company at its meeting held on December 9, 2017 has approved for the same.

This plant is being set up in one of the fastest growing markets in the country and the highest cement consuming state in the North Zone. It will cater to the markets in Western Rajasthan where UltraTech does not have a significant presence.

With this expansion UltraTech will have a foot print across the country with 50 plant locations, along with 103 ready-mix concrete plants, committed to supporting the growth of the nation.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies strength, reliability and innovation.