ACC Ltd plans to increase clinker capacity by 2.7 mtpa

ACC Ltd plans to increase clinker capacity by 2.7 million tonnes per year (mtpa) and cement capacity by 4.8 million tonnes per year. The company will also focus more on green and sustainable products.

ACC presented its plans and growth forecasts in its annual report. Various methods are being worked on to scale up sales. The company's sales are up approximately 13% to 28.89 million tons (mt) versus 25.53 mt year-over-year.

India is one of the largest cement producers in the world, with an estimated cumulative fixed capacity of 551 million tons per year by 2021.

It is also the second largest consumer of cement, although cement consumption per capita remains below the global average, leaving a lot of room for development.

Cement demand grew 11-13% year-on-year in CY 2021. Sustained demand for affordable housing in rural areas, rising demand in the urban builder segment, and government infrastructure spending remain key drivers for cement use.

Individual Home Builder and Ground+ Three Storey(G+3) are ACC's largest customer segments. This strong network has displaced approximately 79% of retail cement sales in CY 2021. Gold Water Shield (water-repellent cement) remains the market leader in the premium category.