UltraTech Cement Limited, a flagship company of the Aditya Birla Group, has announced its expansion into the wires and cables segment as part of its strategy to strengthen its position as a comprehensive building solutions provider. The board has approved a capital expenditure of ₹1,800 crore for this new venture, which will be executed over the next two years.
The investment will be directed through UltraTech’s Building Products Division, leveraging the company’s manufacturing expertise and market presence. The plant will be established near Bharuch, Gujarat, and is expected to be commissioned by December 2026.
UltraTech aims to cater to the rising demand for wires and cables across residential, commercial, infrastructure, and industrial sectors. The industry has witnessed a revenue CAGR of approximately 13% between FY19 and FY24, with a shift from the unorganized to the organized market, making it an attractive space for a new, trusted player.
Speaking on the development, Aditya Birla Group Chairman Kumar Mangalam Birla stated, “We intend to expand our presence in the construction value chain through our foray into the cables and wires segment, which aligns with our vision of providing comprehensive solutions to our end customers. However, our core cement business remains our priority. UltraTech recently crossed the 175 MTPA cement capacity milestone in India and is on track to become the largest cement company globally (excluding China) by sales volume.”
UltraTech remains committed to delivering high-quality building materials and solutions that contribute to India’s infrastructural growth and sustainable development.
