Cement Industry News
India
Union Minister H.D. Kumaraswamy has unveiled a massive Rs 700-crore investment plan aimed at revitalizing India’s cement industry. The initiative, announced at a recent press conference, aims to enhance....
According to a recent report, the cement sector in India is poised for further consolidation in the short to medium term. With increasing competition, rising input costs and the....
An Adani Group entity has sold a 2.76% stake in Ambuja Cement, generating Rs 42.51 billion from the sale. This divestment reflects the group’s ongoing strategy to optimise its....
JSW Cement has set an ambitious target of doubling its cement grinding capacity to meet the growing demand in both domestic and international markets. The company, a part of....
GQG Partners has increased its investment in Ambuja Cement by acquiring an additional 1.8% stake in the company, representing EUR 27.50 billion. This acquisition underlines GQG’s confidence in Ambuja....
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