India, Sept. 6 -- UltraTech Cement has officially made an entry into the wires and cables space through Ultravolt, with its first commercial manufacturing plant coming up at Jhagadia in Bharuch, Gujarat, on September 1, 2026. Its launch was officially announced on September 3, 2026, with an investment amount of Rs 1,800 crore proposed for Ultravolt.

What makes the entry worth watching is not just the new business itself but the scale of UltraTech's ambition and the strategic advantages it can potentially bring to the table. The question now is whether Ultravolt can translate that ambition into meaningful market share and returns and eventually become more than just an adjacent business for UltraTech.

With a market cap of Rs 3.34 lakhc...