UltraTech's ₹10,000 Crore Power Play: Fueling India's Growth

UltraTech Cement, part of the Aditya Birla Group, has earmarked up to ₹10,000 crore in capital expenditure (capex) for FY26 to expand its cement production capacity, enhance energy efficiency, and strengthen operational capabilities, according to its latest annual report.

The company projects a 7% growth in FY26, driven by increasing infrastructure development and accelerating urbanisation. In FY25, UltraTech added 26.3 million tonnes per annum (MTPA) of grey cement capacity through strategic acquisitions of India Cements and Kesoram Industries. Looking ahead, it plans to add another 28.8 MTPA through organic expansion by FY27.

UltraTech crossed ₹75,000 crore in revenue in FY25 and is approaching the 200 MTPA capacity milestone, with a consolidated capacity of 192.26 MTPA as of 30 June 2025.

During FY25 alone, the company contributed significantly to industry growth by adding 42.6 MTPA of grey cement capacity, accounting for 55% of the sector’s total capacity addition. While infrastructure spending experienced temporary slowdowns and the monsoon extended longer than usual, UltraTech remains optimistic, expecting cement demand to rebound by 6–7% in FY26.

News by Rahul Yelligetti.