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Adani to rival Ultratech in Indian Cement Market
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Adani has acquired Ambuja Cements and ACC for USD 10 Billion. With this acquisition Adani becomes the most signfiicant player in the cement market after Ultratech Cement.
Further, Adani Cement, which still operates as two independent companies, plans on a massive expansion.
Today, while Ultratech is the biggest player, Adani plans to bring their experience in Logistics and coal trading to improve the profitability of these cement operations.
Further, Adani Cement, which still operates as two independent companies, plans on a massive expansion.
Today, while Ultratech is the biggest player, Adani plans to bring their experience in Logistics and coal trading to improve the profitability of these cement operations.
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