Dalmia Bharat plans capacity expansion, to raise Rs 4,000 crore
Cement manufacturing firm Dalmia Bharat to expand its manufacturing capacity to 110-130 million tonnes per annum by FY31. For this, the plan is to raise Rs 4,000 crore through various instruments.
The expansion will involve a mix of acquisitions, greenfield and brownfield projects, with a medium-term target to scale its cement manufacturing capacity from around 49.5 million tonnes per annum (MTPA) to 75 MTPA.
Also Read: Dalmia Bharat to acquire cement business of Jaiprakash Associates