UltraTech - September 2018
UltraTech, part of the Aditya Birla Group, has been busy buying up capacity across India, making it one of the country’s most acquisitive companies. Its spending spree means it now holds around 40 per cent of the western and central Indian markets. Cement is big business for the Birla Group, making up over 60 per cent of its consolidated EBITDA, according to Bloomberg. No wonder then that UltraTech is now looking to increase its market share in eastern India.
