Amidst weakened demand conditions, the total installed cement capacity in the country is expected to cross half a billion tonne this year as several companies, including UltraTech, JK Cement, Dalmia Bharat and others are in their final leg to add 23 million tonne per annum (mtpa) of production capacity.
Currently, the installed capacity is 485 mtpa and with the new additions, it will rise to 508 mtpa in 2020.
JK Cement will be adding 4.2 mtpa while the sector leader, UltraTech, will be adding 4 mtpa of capacity followed by Dalmia Bharat at 3.5 mtpa. Ramco Cement will add 2.1