UltraTech Cement to Acquire Wonder WallCare for ₹235 Crore to Boost Wall Putty Business
The acquisition includes a state-of-the-art manufacturing plant with a capacity of 600,000 metric tonnes per annum, located in Rajsamand-Nathdwara, Rajasthan. Constructed in 2022-23, this facility is among the largest single-location putty manufacturing sites in India and is strategically situated near high-quality raw material reserves and UltraTech’s existing putty manufacturing units in Rajasthan. Strategic Implications This…