Dalmia Bharat Ltd has announced a strategic investment of Rs 3,520 crore to enhance its production footprint in Maharashtra and Karnataka. This expansion will be carried out through its subsidiaries as part of the company’s broader vision to strengthen its pan-India presence.
The investment will support the establishment of a 3.6 million ton per annum (MTPA) clinker unit and a 3 MTPA grinding unit at its existing facility in Belgaum, Karnataka. Additionally, a new greenfield split grinding unit with a 3 MTPA capacity will be set up in Pune, Maharashtra. The project is expected to be funded through a combination of debt and internal accruals.
Upon completion of these initiatives, along with the ongoing 2.9 MTPA expansion in Assam and Bihar, Dalmia Bharat’s total installed cement capacity will rise to 55.5 MTPA. These new units are scheduled for commissioning by the fourth quarter of the financial year 2027.
The Belgaum grinding unit is set to strengthen the company’s presence in Southern Maharashtra while increasing market penetration in the existing regions. Meanwhile, the Pune unit will serve the Western Maharashtra market, which has remained largely untapped. This expansion aligns with Dalmia Bharat’s long-term goal of reaching 75 MTPA capacity by FY28 and scaling up to 110-130 MTPA by 2031.
Commenting on the development, Puneet Dalmia, Managing Director & CEO, Dalmia Bharat Ltd, stated:
“This investment is a significant step in our Phase II expansion strategy, bringing us closer to strengthen our position as a pan-India player and to reach intermittent goal of 75 MT capacity by FY28. The increase in our production capacity is primarily to meet the growing infrastructure demand in Western India.”
He further emphasized the company’s commitment to operational excellence and sustainable growth, ensuring long-term value creation for stakeholders. The new capacity additions align with Dalmia Bharat’s sustainability-driven approach and its dedication to supporting India’s infrastructure and development goals.
This latest expansion move underlines Dalmia Bharat’s strategy to fortify its market presence while contributing to the country’s growing demand for cement in the infrastructure sector.