InvestorQ : Can Adani emerge as the largest cement player in next five years with ACC and Ambuja?
Archita Jajjoo made post

Can Adani emerge as the largest cement player in next five years with ACC and Ambuja?

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Niti Shenoi answered.
7 days ago
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With the acquisition of ACC and Ambuja and the change in their top management, the Adani group effectively gets access to 70 million TPA of cement capacity. However, they are not stopping at that. Adani is set to double cement manufacturing capacity to take Ultratech head on. It will also focus on making Adani Cements the most profitable cement business in India. After the Holcim stake buy, the open offer was not too successful. However, the gap will be filled up via private placement of warrants.

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