Dalmia is India's third largest cement group (after Holcim and UltraTech) with a consolidated capacity of 24 mt. Established in 1939; the company had been a laggard in expanding capacities as the total capacity stood at only 1.5 mt till 2005. However, it has been increased to 14.3 mt by FY10 post expansions in south region & acquiring stake in OCL India.