UltraTech Cement

UltraTech Cement's story begins in the mid-1980s as the cement division of Larsen & Toubro (L&T), operating under the brand name L&T Cement. The company was founded by the visionary industrialist, Kumar Mangalam Birla, as part of the Aditya Birla Group, a multinational conglomerate with diverse business interests.

In 2004, a significant transformation occurred when Grasim Industries, another Aditya Birla Group company, acquired L&T's cement business, marking the birth of UltraTech Cement. This acquisition was a strategic move to consolidate the group's cement operations under one brand, propelling UltraTech to become India's largest cement manufacturer.

UltraTech's journey has been marked by strategic expansions and acquisitions. A notable milestone was the acquisition of Jaypee Group's cement assets in 2016, which significantly increased its production capacity and market reach. This move was pivotal in strengthening UltraTech's position in the Indian cement industry.

In 2024, UltraTech Cement made headlines with its acquisition of a majority stake in India Cements Limited. This acquisition, approved by the Competition Commission of India, further solidified UltraTech's dominance in the market, showcasing its commitment to growth and leadership in the cement sector.

Today, UltraTech Cement stands as a testament to strategic vision and execution, continuing to build on its legacy as a leader in the cement industry, both in India and globally.