16 December 2019 11:44 am Views - 489
UltraTech Cement Lanka (Pvt) Ltd welcomes the government initiative to reduce VAT and eliminate NBT. Its effect on the prices of construction material is expected to benefit the construction industry in Sri Lanka.
As part of its commitment towards the growth of the Sri Lankan economy, the company, as a goodwill gesture, has passed on the benefits of the reduction in VAT and removal of NBT to its customers across all market segments in Sri Lanka with effect from 1 December, 2019. This has resulted in a reduction in cement prices, thereby benefitting its customers.
UltraTech Cement Lanka (Pvt) Ltd is a part of UltraTech Cement Limited , the third largest cement company in the world (excluding China) with an over 117 MTPA production capacity. UltraTech Cement Lanka is the preferred choice of engineers and project customers for delivering consistent quality.
UltraTech Cement Limited is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures, which redefine the new nation.
UltraTech Cement is part of Aditya Birla Group, a US $48.3 billion corporation, which is in the League of Fortune 500. Anchored by an extraordinary force of over 120,000 employees belonging to 42 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, our businesses have grown into global powerhouses in a wide range of sectors – metals, pulp and fibre, chemicals, textiles, carbon black, telecom and cement. Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa and Asia.