Birla Corporation, a cement and jute manufacturing company, and its wholly-owned subsidiary RCCPL have announced a combined capital expenditure of INR 43.35 billion to expand cement production capacity through the establishment of new grinding and clinker units. The investment includes setting up three new grinding units and expanding an existing integrated facility.
According to a regulatory filing, the company’s board has approved a greenfield grinding unit at Gaya in Bihar with a capacity of 2.8 million tonnes per annum (MTPA). The project is expected to be completed in phases by the fourth quarter of FY29 and will involve an investment of INR 8.60 billion.
RCCPL will invest INR 34.75 billion to establish two greenfield grinding units with a combined capacity of 3.4 MTPA in Uttar Pradesh and a brownfield clinker unit with 3.7 MTPA capacity at Maihar in Madhya Pradesh.
“Our capacity utilization in central and eastern India is more than 100 per cent,” said Harsh V Lodha, chairman, Birla Corporation.
For the fourth quarter of FY25, the cement division reported an operating profit margin of 20%, up from 18.6% in the same period of the previous financial year.
Birla Corporation is a cement and jute manufacturing company headquartered in India. Through its subsidiaries, it operates several cement plants across the country and is engaged in expanding its footprint in the building materials sector.