India's UltraTech Cement enters wires and cables business with $190.5 million investment
03/09/2026 14:32
India's UltraTech Cement enters wires and cables business with $190.5 million investment Sept 3 (Reuters) - India's UltraTech Cement ULTC.NS on Thursday launched its wires and cables business, Ultravolt, with a planned investment of 18 billion rupees ($190.5 million), marking the Aditya Birla Group's fourth new business foray in three years.
($1 = 94.4850 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru; Editing by Shreya Biswas)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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