Aditya Birla Group flagship firm UltraTech Cement today said it has commissioned its grinding unit with a capacity of 1.6 million tonnes per annum (MTPA) in Jhajjar, Haryana.
The move is aimed at increasing the firm's slice in the north region -- that accounts for a lion's share of India's cement market -- particularly the National Capital Region (NCR) and Haryana.
With commissioning of the firm's 13th unit, UltraTech's total cement capacity has reached 63.1 MTPA, it said in a regulatory filing.
The third line at Aditya Cement, Rajasthan, commissioned in March 2015, will cater to the clinker requirement of this plant, it added.
North region accounts for 35 per cent of the cement demand in the country and is expected to grow at around 8 per cent, it said.
"With this commissioning, the company will further increase its capacity in north region. The plant's location at a distance of less than 100 kms from the markets of NCR and Haryana will assist in capturing the growing demand for cement in this region with timely and effective supplies to the customer," it added.
Shares of the company today fell 3.27 per cent to settle at Rs 2810.90 apiece on the BSE.
