Adani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature now, after this acquisition. You will see a much more impactful progression on sea logistics in 6-12 months time," said Vinod Bahety.
Cement sector may register moderate demand in FY25 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
In the highly competitive cement industry in India, the Adani Group faces challenges in catching up to the leader, UltraTech Cement, owned by the Aditya Birla Group. UltraTech recently crossed 150 million tonnes in production capacity and plans to further increase it to 200 million tonnes. Adani has made strategic acquisitions but will need more to gain market share. The overall cement industry in India is expected to add significant capacity in the coming years, driven by infrastructure and housing demand.
Trideep Bhattacharya discusses the market s growth, telecom and cement sectors, real estate dynamics, and power supply chain components. He emphasizes sector-specific developments, policy impacts, and future prospects, highlighting the resilience and potential re-rating of various sectors. IT services, power supply chain and real estate are the 3 sectors from where he picked stocks in the last 3 months due to their comfortable valuations and good earnings growth prospects.
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