Dalimia Bharat Cement's Ambitious Expansion Plans Target 11-13 Crore Ton Capacity by 2030-31 Dalimia Bharat Cement, India's fourth-largest cement company, has announced a significant expansion strategy aimed at increasing its annual production capacity to 11-13 crore tons by the fiscal year 2030-31. To achieve this, the company plans to raise up to 4,000 crore rupees through various funding mechanisms, including equity shares, institutional placements, and international debt instruments. This financial push is part of a broader effort to strengthen its market position and meet rising demand in the construction sector. The company's current production capacity stands at approximately 4.95 crore tons, with plans to expand it to 7.5 crore tons in the medium term. This growth will be driven by acquisitions, such as the recent purchase of a cement plant from JP Associates in Madhya Pradesh and Uttar Pradesh, which was finalized at a cost of 2,850 crore rupees. The acquisition is expected to bolster Dalimia's presence in key markets and enhance its operational capabilities. Dalimia's expansion roadmap is aligned with projected growth in cement demand, which the company estimates will rise at a 6-7% annual rate due to factors like infrastructure development, urbanization, and increased private sector investment. The company's management emphasized that its 2030-31 target is based on these growth projections, ensuring it can meet future market needs while expanding into underpenetrated regions and increasing capacity in existing markets. The financial strategy includes raising 4,000 crore rupees during the upcoming annual general meeting (AGM), with funds allocated for capital expenditures, debt repayment, working capital requirements, and investments in subsidiaries.#ultratech_cement #dalimia_bharat_cement #punit_dalimia #gautam_dalimia #ambuja_cement
