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.
The Adani group s Ambuja Cements has drawn up a blueprint outlining a capital expenditure of about ₹75,000 crore to climb past Aditya Birla group’s Ultratech Cement as the country’s largest cement-maker, but it will be a steep ascent
UltraTech Cement invests ₹800 crore in Maharashtra, acquiring India Cements Parli unit. Board approves expansions at Parli and Dhule. Total capacity to reach 3.6 million tonnes, fully funded internally.