# UltraTech Cement pledges $1.66 billion for capacity expansion

UltraTech Cement announced a 128.86 billion rupee ($1.66 billion) investment to build new facilities and expand plants, increasing annual capacity by 22.6 million tonnes. Commercial production is expected by fiscal 2025.

- Type: Expansion
- Announced: 2022-06-02
- Where: India, India
- Value: $1.66B (128.9B INR)
- Starts operating: 2025
- Status: announced
- Capacity: 22.6 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ultratech Cement](https://endata.com/companies/16256.md)

## Sources

- [reuters.com](https://www.reuters.com/business/indias-ultratech-cement-pledges-166-bln-expansion-fight-rising-competition-2022-06-02/), 2022-06-02: "This investment is backed by a strong conviction on India"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
