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UltraTech Plans to Invest 6,500 Cr in FY 22 and FY 23

UltraTech Cement Chairman Kumar Mangalam Birla, in his address to the shareholders at the company’s AGM said that UltraTech plans to invest close to Rs 6,500 crore in FY 22 and FY 23 on a growth plan to increase capacities by 19.8 million tonnes per annum (MTPA).

At present UltraTech has a capacity of 116.8 MTPA of cement, and upon completion, the capacity shall be 136.6 MTPA.

UltraTech Cement Limited is the cement flagship company of the Aditya Birla Group.