UltraTech Cement Chairman's Speech at 26th AGM
UltraTech Cement's Chairman delivered a speech at the 26th Annual General Meeting, emphasizing the Aditya Birla Group's philosophy of being 'A Force for Good' and building 'Built on Trust'. The speech highlighted the company's commitment to creating economic and social value, strengthening its role in India's development. It also touched upon the broader macro-economic context, noting global economic resilience in 2025 despite geopolitical tensions, and India's strong GDP growth of 7.6% in FY26 driven by domestic demand and policy measures. Despite elevated risks in FY27 due to the Middle East conflict, India is projected to remain the fastest-growing major economy. The cement sector is expected to grow 6-7% in FY27, supported by housing and infrastructure demand.
Key Highlights
- Aditya Birla Group's philosophy: 'A Force for Good' and 'Built on Trust'.
- India's FY26 GDP grew 7.6% driven by domestic demand and policy support.
- India projected to remain fastest-growing major economy in FY27.
- Cement sector volumes expected to grow 6-7% in FY27.
- Company focuses on long-term value creation and stakeholder trust.
Price Impact
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