Birla Corp. to Invest USD 1 Billion by 2030 for Expansion of Cement Capacity
Birla Corporation will be investing USD 1 billion (about Rs. 8,000 crore) by 2030 to expand its cement production capacity to 30 Million Metric Tonnes Per Annum (MMTPA) from the current 20 MMTPA.
This information was given by Mr. HV Lodha, Chairman, Birla Corporation after the company’s Annual General Meeting on 27th September 2022.
This capacity expansion of 10 MMTPA will be done through greenfield and brownfield expansions, and through debottlenecking of Birla’s existing operations. The company is planning a greenfield integrated cement production facility in Chhattisgarh with 4 MMTPA capacity. Birla Corporation will also execute a brownfield project that will add another 4 MMTPA cement production capacity, while debottlenecking operations will increase the cement capacity further by 2 MMTPA.
