Milestones
UltraTech's journey began almost three decades ago and throughout this journey,
the focus has always been on providing customers with the best products and services.
The resulting success has only reaffirmed UltraTech's desire to be a complete end-to-end
building solutions provider. Each milestone in this journey is a cherished memory:
becoming the largest cement manufacturer in India, winning the 'SUPERBRAND' and
'POWERBRAND' accolades and being recognised as a truly global organization, are
a few that stand out.
UltraTech's inception can be traced back to the mid-1980s with the establishment
of Grasim's first cement plant at Jawad in Madhya Pradesh. In 2001, with the objective
of increasing its reach, Grasim acquired a stake in L&T Cement Ltd. The stake
was further increased to a majority stake in 2003 thereby giving Grasim a pan-India
presence and an increased market share. In 2004, the demerger of L&T's cement
business was completed and Grasim acquired a controlling stake in L&T Cement
Ltd and the name was subsequently changed to UltraTech Cement. The cement business
of Grasim was demerged and vested in Samruddhi Cement Limited in May 2010, with
Samruddhi Cement Limited consequently being amalgamated with UltraTech Cement Limited
in July 2010. In September 2010, UltraTech Cement Middle East Investments Limited,
a wholly owned subsidiary of UltraTech Cement acquired management control of ETA
Star Cement Company, along with its operations in the UAE, Bahrain and Bangladesh,
thereby putting UltraTech on the global map.
The company has an installed capacity of 93 Million Tonnes Per Annum (MTPA) of grey cement. UltraTech Cement has 18 integrated plants, 1 clinkerisation plant, 25 grinding units and 7 bulk terminals. Its operations span across India, UAE, Bahrain, Bangladesh and Sri Lanka. UltraTech Cement is also India's largest exporter of cement reaching out to meet the demand in countries around the Indian Ocean and the Middle East.
In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has a white cement plant with a capacity of 0.56 MTPA and 2 WallCare putty plants with a combined capacity of 0.8 MTPA.
With 100+ Ready Mix Concrete (RMC) plants in 35 cities, UltraTech is the largest manufacturer of concrete in India. It also has a slew of speciality concretes that meet specific needs of discerning customers.