M P Birla group flagship, Birla Corporation, will increase its annual cement production capacity to 30 million tonnes (mt) by 2027.
Addressing shareholders at the company’s annual general meeting on Wednesday, Harsh Vardhan Lodha, chairman of the MP Birla group, said, “Plans are afoot to reach a target of 30 mt by 2027,” adding that details of the plans would be announced once they are firmed up and approved by the board of directors.
The increase to 30 mt is a new target set by the company, which had earlier said that it would raise its production capacity to 25