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Adani Group targets 20% share in Indian cement market by FY28

Adani Group targets 20% share in Indian cement market by FY28
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Aditya birlaAdani groupGroup synergiesSanghi industries ltdGautam adani ledAmbuja cementsAdani cementSanghi industriesFly ashCost leadershipBuilding materials industryAmbuja cement

Adani Group targets 20% share in Indian cement market by FY28

Gautam Adani-led Adani group, which owns Ambuja Cements and ACC Ltd, is targeting to capture around one-fifth of the Indian cement market by FY28. Adani Cement business will implement its accelerated capex program through internal accruals and the business will continue to "remain debt free," said an investor presentation shared by Ambuja Cements.

Aditya birlaGroup synergiesAdani groupSanghi industries ltdGautam adani ledAmbuja cementsAdani cementSanghi industriesFly ashCost leadershipBuilding materials industryAmbuja cementUltratech cementsAmbuja cements and acc ltdAcc ltd

Adani Group targets 20% share in India's cement market, 16% capacity expansion by FY28

Adani Cement also amplifies the pace of capacity expansion and is expected to have an accelerated growth rate of 16 per cent to reach 140 MTPA (million tonnes per annum) by FY2028

Aditya birlaSanghi industries ltdGroup synergiesAdani groupAdani cementSanghi industriesFly ashCost leadershipBuilding materials industryAmbuja cementAmbuja cements ltdAdani cements

Adani Group aims to capture 20% share in Indian cement market by FY28

At present, Adani Cement is the second leading company in the sector after the Aditya Birla group firm UltraTech Cements. Ambuja, with its subsidiaries ACC Ltd, has the capacity to produce 77.4 million tonnes of cement annually.

Aditya birlaAdani groupGroup synergiesSwitzerland holcim groupSanghi industries ltdAmbuja cementsAdani cementHolcim groupSanghi industriesFly ashCost leadershipBuilding materials industryIndian cement marketAmbuja cementsAcc ltdCement industry

Naephyong Power Station No.3 Inaugurated in DPRK

Naephyong Power Station No.3 Inaugurated in DPRK
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