Adani Group Eyes Cement Crown: Mega-Merger to Challenge UltraTech Dominance

• Adani Group, India's second-largest cement player, plans a mega-merger of its four companies (Ambuja, ACC, Penna, Orient Cement) to become the market leader.
• The consolidated entity, to be named Ambuja Cement, aims for a Rs 35,000 crore business, enabling nationwide expansion and significant cost reductions.
• Adani entered the cement sector in 2022 by acquiring Ambuja and ACC from Holcim Group, rapidly expanding through subsequent acquisitions like Sanghi Industries and Penna Cement.
• The merger is projected to cut manufacturing and logistics costs, boosting profit by Rs 100 per ton and streamlining branding, sales, and strategic decision-making.
• Adani plans to increase its annual production capacity from 107 million tons to 140 million tons by 2028, aiming to challenge UltraTech's market position.

Why It Matters: Adani Group's strategic merger aims to consolidate its cement empire, challenging UltraTech for market dominance.