UltraTech Cement, India’s largest cement manufacturer, announced its foray into the wires and cables business with an initial capital expenditure of ₹1,800 crore over two years. The company ...

Aditya Birla Group foray into the cable and wires (C&W) business through Ultratech, with an investment outlay of Rs 1,800 crore, is weighing on the share prices of the leading players in the industry.

Photo Credit: AMIT DAVE UltraTech Cement, an Aditya Birla Group company, is planning to enter manufacturing of wires and cables with an investment of ₹1,800 crore over next two years.

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