UltraTech Cement Expands, Acquires Grinding Unit from India Cements

23 Apr 2024 CW Team

UltraTech Cement, a leading player in the Indian cement industry, has announced its expansion plans with the acquisition of a grinding unit from India Cements. This strategic move underscores UltraTech's commitment to growth and market consolidation in the cement sector.

The acquisition of the grinding unit from India Cements will enhance UltraTech Cement's production capacity and strengthen its presence in key markets. It reflects the company's strategic focus on expanding its operational footprint and leveraging synergies to drive efficiency and competitiveness.

The newly acquired grinding unit is expected to contribute significantly to UltraTech Cement's overall production capacity and market share. By integrating the unit into its existing operations, UltraTech aims to enhance its product offerings and better serve the evolving needs of customers.

The expansion initiative aligns with UltraTech Cement's long-term growth strategy and reaffirms its position as a market leader in the Indian cement industry. It underscores the company's proactive approach to capitalising on growth opportunities and maximising shareholder value.

Overall, UltraTech Cement's acquisition of the grinding unit from India Cements marks a significant milestone in its expansion journey. The move is expected to bolster UltraTech's competitive position and further strengthen its leadership in the dynamic and competitive cement market.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..