UltraTech Cement, an Aditya Birla Group company, is set to enter the wires and cables manufacturing sector with an ₹1,800 crore investment over the next two years.
The company will establish its first manufacturing plant near Bharuch, Gujarat, with commissioning expected by December 2026. The move aligns with UltraTech’s strategy to expand its building products division and position itself as a comprehensive building solutions provider.
The company’s board approved the plan at its meeting on Tuesday, marking UltraTech’s diversification into a new business segment beyond its core cement operations.
HBL
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