Nuvoco Vistas to invest Rs.200 crore to expand in Eastern India
Nuvoco Vistas to invest Rs.200 crore to expand in Eastern India
Hopes for a capacity rise by over 20 percent in the next 18 months
Nuvoco Vistas Corp, India’s fifth-largest cement player, has announced an investment of Rs.200 crore to enhance cement grinding capacity in Eastern India.
The Nirma Group-promoted company will expand its capacity with a new mill at the Arasmeta Cement Plant, complemented by debottlenecking projects at its Jojobera, Panagarh and Odisha plants.
With this development, Nuvoco will add 4 million metric tonnes per annum (MMTPA) of grinding capacity through equipment upgrades, process improvements, and internal debottlenecking initiatives by the end of FY 2027.
The key timelines include 1 MMTPA of additional capacity during the third quarter of FY 2026, followed by 2 MMTPA by the end of FY 2026 and 1 MMTPA during FY 2027. Thereafter, Nuvoco’s cement capacity in the East will rise by over 20 percent in the next 18 months, increasing from 19 MMTPA to 23 MMTPA.
Nuvoco aims to upgrade its facilities to lower operating costs, improve plant utilisation and expand sustainably, with better access to markets in eastern Madhya Pradesh, Eastern Uttar Pradesh, West Bengal and Odisha.
Commenting on the development, Jayakumar Krishnaswamy, managing director, Nuvoco Vistas Corp, said, “With cement demand in India estimated to grow at a CAGR of 7-8 percent in FY 2025-26, 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.”
As of Q1 FY 2026, the company’s cement capacity stood at 25 MMTPA and clinker capacity at 13.5 MMTPA.
Nuvoco’s net profit for Q1 FY 2026 grew multiple times year on year to Rs.133.16 crore, driven by higher premiumisation and trade sales. During the quarter, its sales rose 6 percent to 5.1 million metric tonnes.
