Aiming to increase its cement production capacity from the current 15.5 million tonnes per annum (mtpa) to nearly 20 mtpa in the next five years, Birla Corporation is planning a four mtpa project in Mukutban (Yavatmal district), Maharashtra.
The investment envisaged is Rs 2,400 crore; the land has been acquired. “This will be built in phases and be funded from both internal accrual and debt,” Chairman Harsh V Lodha said on the sidelines of its annual general meeting here.
Lodha aims at expanding of production in the west-central parts of the country. He expects more demand in cement