UltraTech Cement Ltd (UltraTech) is a manufacturer and supplier of building materials. The company produces and exports cement, ready-mix concrete, cement clinker, and other building products. It exports cement to countries across India, Sri Lanka, the UAE, and Bahrain.

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Ultratech Cement’s Research and Development (R&D) efforts are focused on enhancing customer satisfaction and sustainability through continuous innovation and integration. It focuses on developing new cement and concrete varieties. Its R&D center is committed to reducing water consumption in cement, improving clinker content and enhancing concrete durability. The company’s R&D approach involves product customization, increased productivity, and the adoption of new technologies and materials. It monitors and incorporates the latest advancements in process technology, artificial intelligence, digital interventions, and carbon reduction techniques in its product offerings. The company has introduced two additional solutions, namely Weather Plus and UltraTech Premium, which are specifically designed to extend the lifespan and durability of structures. Additionally, Ultratech Cement has developed a unique type of cement that offers enhanced crack resistance properties. In FY2023, the company’s R&D expenditure stood at INR236.8 million, which is 0.04% of the company’s revenue.