New Delhi, March 4 -- Dalmia Bharat Ltd is expanding its footprint by making a strategic investment of about Rs.3,520 crore, to be funded via debt and internal accruals. The cement maker will establish a 3.6 million tonnes per annum (mtpa) clinker unit and a 3mtpa grinding unit at its plant in Belgaum, Karnataka. It will also set up a 3mtpa capacity greenfield split grinding unit in Pune, Maharashtra. These units would be commissioned by the March quarter of FY27.

With these, Dalmia is looking to cater and improve penetration in southern and untapped western Maharashtra markets. Taking into account these expansions and the ongoing 2.9mtpa capacity expansion at Assam and Bihar, Dalmia's total installed cement capacity will grow to 55.5mtp...