The company has also announced its intention to acquire another cement company in the next 6-8 months.
Acquiring Orient Cement Ltd (OCL)
A Strategic Move to Enhance Market Share
Ambuja Cements’ acquisition of Orient Cement Ltd (OCL) is a strategic move to enhance its market share in the Indian cement industry. The acquisition is expected to increase the company’s market share from 13.4% to 15.5% in the country.
Indian Cement Industry Boasts Large Production Capacity and Diverse Players.
The Cement Industry in India: A Review of the Major Players
The Indian cement industry is one of the largest in the world, with a production capacity of over 300 million tonnes per annum (MTPA). The industry has grown significantly over the years, driven by increasing demand for construction materials and infrastructure development. In this article, we will review the major players in the Indian cement industry, focusing on Adani Group, Ambuja Cements, and their respective capacities.
Adani Group: A Leading Player in the Indian Cement Industry
Adani Group is one of the largest private sector companies in India, with a diverse portfolio of businesses including cement, power, and logistics. The company’s cement division is one of its most significant contributors to revenue, with a capacity of 88.9 MTPA.
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