Dalmia Bharat has announced a strategic investment of Rs 3,520 crore through its subsidiaries to expand cement production in Maharashtra and Karnataka. The company plans to establish a 3.6 million tpa clinker unit and a three MTPA  grinding unit at its Belgaum plant in Karnataka, along with a three MTPA greenfield split grinding unit in Pune, Maharashtra.

The expansion will be funded through a mix of debt and internal accruals. With this initiative, Dalmia Bharat’s total installed cement capacity will reach 55.5 MTPA, factoring in the ongoing 2.9 million tonne expansion in Assam and Bihar. The new units are expected to be operational by Q4/FY27. The Belgaum unit will serve Southern Maharashtra, enhancing penetration in the region, while the Pune unit will target the untapped Western Maharashtra region.

Puneet Dalmia, Managing Director and CEO, emphasised, "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 MnT capacity by FY28."