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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

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.

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