Dalmia Bharat Limited has approved plans to raise up to ₹4,000 crore through a combination of equity and debt instruments as the company accelerates its expansion strategy and strengthens its position in the Indian cement sector.
The company has outlined an ambitious growth roadmap aimed at increasing its cement manufacturing capacity to 110–130 million tonnes per annum (MTPA) by FY31, up from its current installed capacity. The expansion forms part of Dalmia Bharat’s long-term strategy to capture rising demand from infrastructure, housing and industrial development projects across the country.
According to the company, the proposed fund raising will provide financial flexibility to support ongoing and future capacity expansion projects, investments in operational efficiency, sustainability initiatives and strategic growth opportunities.
Dalmia Bharat has been steadily expanding its footprint across key markets through a mix of brownfield and greenfield projects. The company has identified capacity additions as a central pillar of its growth strategy as India’s cement consumption continues to be supported by government infrastructure spending, urbanisation and housing demand.
The cement maker has set a target of reaching 75 MTPA capacity by FY28, which will serve as a key milestone toward achieving the larger FY31 goal of 110–130 MTPA. The expansion programme is expected to be undertaken in phases across multiple locations.
The company has also continued to focus on operational efficiency, renewable energy integration and carbon reduction measures as part of its sustainability agenda. These initiatives are expected to accompany future capacity additions and support the company’s long-term competitiveness.
India remains one of the world’s fastest-growing cement markets, driven by investments in roads, railways, airports, urban infrastructure and residential construction. Against this backdrop, Dalmia Bharat’s proposed expansion would position the company among the country’s largest cement producers over the coming decade.
The board-approved fund-raising plan provides the company with additional capital resources as it advances its next phase of growth and capacity creation in line with anticipated demand across the construction and infrastructure sectors.
