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UltraTech Cement's Strategic Rise to India's Cement Market Leadership

Published on: Jan. 26, 2026, 10:17 p.m. | Source: scanx.trade

UltraTech Cement's rise from L&T's divested cement business in 2004 to India's largest cement producer exemplifies strategic acquisition-led growth and operational excellence. The company achieved 192.26 MTPA grey cement production capacity and 135.83 million tonnes in sales volume by FY25. Major acquisitions including Jaiprakash Associates (21.2 MTPA), Binani Cement (6.25 MTPA), and Century Textiles created an unmatched pan-India footprint. UltraTech's capacity growth from roughly 66 MTPA in 2016 to nearly 190 MTPA by 2025 positions it to achieve its 200 MTPA target by FY26 ahead of schedule.

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