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Home > Business > UltraTech Cement to expand into wires and cables segment

UltraTech Cement to expand into wires and cables segment

UltraTech Cement has committed a capital expenditure of approximately ₹1,800 crore over the next two years.

MarcaMoney Staff
Last updated: March 29, 2025 12:32 PM
By MarcaMoney Staff
UltraTech Cement to expand into wires and cables segment
UltraTech Cement to expand into wires and cables segment
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UltraTech Cement, a part of the Aditya Birla Group, is planning to diversify its operations by entering the wires and cables industry. The company has committed a capital expenditure of approximately ₹1,800 crore over the next two years to establish a presence in this growing segment of the construction value chain.

The company’s Board has approved this new venture, which will be managed through its Building Products Division. The manufacturing plant will be located near Bharuch in Gujarat, with the goal of commissioning by December 2026.

Kumar Mangalam Birla, Chairman of the Aditya Birla Group, said, “This strategic move into the wires and cables sector is aligned with our vision of providing comprehensive construction solutions, while continuing to strengthen our core cement business. UltraTech recently achieved a milestone of 175 mtpa cement capacity in India and is on track to become the largest cement company globally by sales volume, excluding China.”

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