Aditya Cement to increase its capacity

Aditya Cement to increase its capacity
Published: 11 April 2006

Grasim Industries, the flagship of Aditya Birla group, will invest about Rs 560 crore to double the capacity of one of its factories from the current 1.5Mta level. Industry sources say post-expansion, the facility based in Shambupura, Rajasthan, will be the third largest in the Birla group.

 

While Grasim has a 17Mta capacity, UltraTech Cement also produces 17Mta of cement and associate Century Textiles has an annual capacity of 4.7Mta.  Experts opine that the top two players, backed by strong financial resources, are expected to further consolidate their position through organic and inorganic means.