New Delhi: Dalmia Bharat is planning to raise up to Rs 4,000 crore through various instruments to support its growth plans, as it targets to expand its manufacturing capacity to 110-130 million tonnes per annum by FY31 through a mix of acquisitions, greenfield and brownfield projects.
The country's fourth-largest cement maker, which currently has a significant presence across eastern, northeastern and southern India, plans to scale its cement manufacturing capacity from around 49.5 million tonnes per annum (MTPA) to 75 MTPA in the medium term, according to the company's latest annual report.