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#cement #ibc Soon after Gautam Adani's privately owned companies acquired ACC and Ambuja Cement from Holcim India, its peers are also looking at some inorganic growth.  After that, Adani Cement acquired Sanghi Industries (it operates a cement unit) -India's largest single-location cement and clinker production facility. Within a few months, Birla's UltraTech acquired the cement business of Kesoram Industries.  Currently, Birla Group, which owns Ultratech Cement, is India's largest cement maker with a 137.5mn manufacturing capacity, followed by ACC and Ambuja Cements, both owned by Adani Group, which has a 67.5mt capacity. Vadraj Cement is the latest cement company on the block (NCLT admitted the company last week for corporate insolvency). Besides Adani and Birla, JSW Cement and ArcelorMittal may also show interest in acquiring the company.  https://lnkd.in/dyuRC7ub

The battle for the top spot in India's cement industry heats up! UltraTech Cement's recent acquisition of a stake in India Cements is a bold move. What are your thoughts on the future of the cement sector? #MarketWatch #CementIndustry #IndiaBusiness #amritkaal

Singhania's Aim high & big @cementcapex #expansion #infragrowth J.K. Cement is on an aggressive expansion spree, aiming to invest ₹3,000 crore in capital expenditures (capex) by FY 2026. This move is driven by the company's ambition to significantly expand its production capacity and strengthen its position in the cement market. The funds will likely be directed toward setting up new plants, upgrading existing facilities, and expanding distribution networks. The planned capex aligns with the growing demand for infrastructure and real estate in India, and J.K. Cement aims to capitalize on this momentum to increase its market share and enhance its competitive edge.

Adani Family’s shareholding in Adani Group owned Ambuja Cement has increased from 66.7 percent to 70.3 percent after Adanis invested Rs. 8,339 Crores in India’s second largest cement manufacturer, on Wednesday, April 17, 2024. Read the Article Here: https://lnkd.in/guhNrjFJ . . . . #Adani #AdaniGroup #AmbujaCement #investment #thursday #largestcementmanufacturer #cementmanufacturer #thursdaynews #dailynewsupdate #dailylatestnews #breakingnews #newscoverage #newsworthy #dailyupdate #today #latest #latestnews #newsfeed #newsoftheday

The battle for the top spot in India's cement industry heats up! UltraTech Cement's recent acquisition of a stake in India Cements is a bold move. What are your thoughts on the future of the cement sector? #MarketWatch #CementIndustry #IndiaBusiness #infra

The battle for the top spot in India's cement industry heats up! UltraTech Cement's recent acquisition of a stake in India Cements is a bold move. What are your thoughts on the future of the cement sector? #MarketWatch #CementIndustry #IndiaBusiness #infra

Holcim Redux? First Adani Group then Aditya Birla Group flagship UltraTech Cement and now JSW. The race for Orient Cement is giving me a sense of deja vu. Our newsbreak in The Economic Times today. Will family trump finance? Let's see where this ends. #cement #consolidation. Ashutosh R Shyam https://lnkd.in/dUUjthhu

Thinking about where to invest next? Wondering why building materials are taking off? Adani's strategic acquisition of Penna Cement is a key move in their cement empire expansion! By focusing on cement, they're not just building infrastructure—they're cementing a future in a booming industry. With affordable prices, sustainable advancements, and rising demand from housing and infrastructure projects, cement is the new hot commodity! #CementingSuccess #AdaniInvests #MarketTrends #BuildingMaterials #InfrastructureBoom #InvestmentTrends #CementIndustry #ConstructionGrowth #StrategicAcquisitions #FutureInvestments #IndustryInsights #RealEstateTrends #AdaniGroup #UltraTechCement #AmbujaCements #ACC #ShreeCement #RamcoCements #DalmiaCement #IndiaCements #BirlaCement #JKCement #OrientCement #WonderCement #PennaCement #CenturyCement #EmergingMarkets #BusinessStrategy #InvestmentOpportunities #IndustrialGrowth

Adani Group Targets $3 Billion Cement Sector Expansion. #AdaniGroup #CementIndustry #BusinessAcquisition #InorganicGrowth #UltraTech #PennaCement #SaurashtraCement  #JaiprakashAssociates #VadraJcement  #InfrastructureBoom #IndianEconomy  #BusinessNews #CorporateStrategy  #MergersAndAcquisitions #AdaniCement  #EconomicGrowth  #IndustrialExpansion  #MarketLeadership

🚀 The Adani Group is reportedly exploring acquisition of several cement companies. 💫 On Gautam Adani's radar is Hyderabad-based Penna Cement Industries Ltd, Gujarat-headquartered Saurashtra Cement Limited, cement business of Jaiprakash Associates and ABG Shipyard owned Vadraj Cement. ✨ For the same, the Adani Group has earmarked $3 billion as the conglomerate aims at increasing its cement production capacity. 🌟 Adani Group is also focusing aggressively on surpassing Aditya Birla Group’s UltraTech Cement to become India’s largest cement manufacturer within the next three to four years, the report added. Adani Group Adani Airport Holdings Ltd Adani Realty Adani Green Energy Ltd. Adani Power Adani Ports and SEZ Adani Enterprises Limited Adani Energy Solutions Ltd. Adani Solar #investment #finance #capital #money #wealth #strategy #growth #construction #india #Adani #marketing #leadership #economy #market