Rs 12,886 Crore CAPEX Planned By UltraTech
Cement major UltraTech cement has announced an ambitious Rs 12,886-crore investment plan to add 22.6 million tonnes per annum (MTPA) of manufacturing capacity over the next couple of years. In a statement, the firm said that its total capacity will go up to 159.25 MTPA. With this, the firm would cement its position as the third-largest cement maker in the world, outside of China.
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