It is keeping aside a war chest of $3 billion for these acquisitions, these people said. The group is aggressively pursuing an inorganic strategy to boost capacity and emerge as the largest cement manufacturer within the next three to four years, overtaking the Aditya Birla Groups UltraTech.
Adani Group's Concrete Plan: $3b Buyouts in Cement Space indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next.
NCLT directs insolvency against JP Associates 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.
Press release - HTF Market Intelligence Consulting Pvt. Ltd. - Critical Infrastructure Protection Service Market is Booming with Strong Growth Prospects | BAE Systems, General Dynamics, Honeywell International - published on openPR.com