Birla Corp to invest $1 bn over eight yrs, raise capacity to 30 mn tonnes

Current consolidated capacity is about 20 mn tonnes; mix of greenfield and brownfield projects, de-bottlenecking existing operations to help add another 10 mn tonnes

MP Birla Group flagship, Birla Corporation, will be investing at least $1 billion over the next eight years to ramp up cement production capacity to 30 million tonnes (mt).

Birla Corporation’s consolidated capacity stands at nearly 20 mt after the commissioning of the 3.9 mt greenfield plant at Mukutban in Maharashtra by subsidiary, RCCPL Pvt Ltd, in April this year. The next leg of growth-–from 20 mt to 30 mt-–will be a mix of greenfield, brownfield projects and de-bottlenecking of existing operations.

Addressing the media after the company’s annual general meeting, Harsh Lodha, chairman, Birla Corporation, said, of the 10