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Adani is unlikely to settle for a second spot in the Indian Cement Industry

by Rajesh Ravi - October 25, 2022

India’s richest man Gautam Adani has taken a strong liking for cement and is aggressively scouting to acquire more companies to become the market leader. The billionaire ventured into cement-making operations earlier this year and is currently the second largest producer with the $10.5 bn acquisition of Ambuja Cements and ACC from Switzerland-based Holcim AG….

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