Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement player, has announced its expansion plans in the East with an investment of approximately INR 200 crores. The company aims to increase its cement grinding capacity by 4 Million Metric Tonnes Per Annum (MMTPA) to reach 35 MMTPA by the end of FY2026-27.
The expansion involves setting up a new mill at the Arasmeta Cement Plant and debottlenecking projects at Jojobera, Panagarh, and Odisha Cement Plants. This will increase Nuvoco’s cement capacity in the East by over 20% within the next one and a half years, from 19 MMTPA to 23 MMTPA. The company expects to add capacities of ~1 MMTPA during Q3 of FY2025-26, followed by ~2 MMTPA by the end of FY 2025-26, and ~1 MMTPA during FY 2026-27.
These enhancements will help Nuvoco strengthen its presence in the East and improve its competitiveness. The company has completed several internal projects, including a new coal unloading and clinker loading wagon system at the Sonadih Cement Plant, which reduces rake handling time by ~50%. The Odisha Cement Plant Railway siding will enable seamless rail transport of raw materials and cement to new markets, reducing freight costs.
Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp. Ltd., said, “With cement demand in India estimated to grow at a CAGR of 7-8% in FY2025-26, we are well-placed for a growth trajectory in the long run. Our recent acquisition of Vadraj Cement Limited, coupled with these strategic investments in augmenting our existing facilities, is a testament to our relentless pursuit to continue our leadership position in the East while acquiring higher market share in the West and North Markets.”
Krishnaswamy further added, “At Nuvoco, our growth journey is deeply aligned with our commitment to sustainability. With the planned capacity enhancement, we are strategically increasing the share of blended cement which will help us to serve our customers with more sustainable choices. By improving our Clinker-to-Cement ratios, we expect to reduce COโ emissions considerably. This initiative reinforces our vision of building a safer, smarter and sustainable world with a stronger market presence.”
Image Courtesy: The Hans India
