Features The Expansion of UltraTech Cement 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Financial CRH registers strong 1Q24 performance CRH thrives despite seasonal trends May 13, 2024 Plant Expansions JSW Cement launches production unit in Rajasthan Expansion into North India marks strategic growth May 13, 2024 MOST READ Environment Prometheus Materials produces cement with algae Startup innovates zero-carbon May 06, 2024 Markets & Competition Botswana to ban cement imports Government implements cement import ban to reduce import May 07, 2024 The Expansion of UltraTech Cement Through a combination of greenfield and brownfield expansions, UltraTech solidifies its leadership in the Indian cement market In 2004-05, UltraTech Cement embarked in an expansion campaign that elevated its installed capacity from 15.5 million tons per annum at the time to 66.2 million tons by 2015-16, making it the largest cement producer in India, ahead of LafargeHolcim's Indian business, including ACC and Ambuja Cement. However, the company has not stopped there, having concluded a series of new investments in both brownfield and greenfield expansions since 2017, including the acquisition of the cement divisions from Jaiprakash Cement and Century Textiles, the bid for Binani Cement, and two new cement projects in Rajasthan and Madhya Pradesh. Taking over Jaiprakash Cement During 2017, UltraTech took part in the largest consolidation ever seen in the Indian cement market, by taking over the cement business of Jaiprakash Associates. The company paid INR 16.19 billion for six integrated cement plants and five grinding units across the states of Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Uttarakhand, and Andhra Pradesh. Including a grinding unit under construction in Uttar Pradesh, the assets bought by UltraTech from Jaiprakash have the capacity to produce 21.2 million tons per annum, reinforcing the company's presence in Central India. Read the full article in ICCM 42 Photo Credit: UltraTech Cement Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline