Billionaire battle heats up as Adani challenges Birla in cement
India's cement industry is witnessing an intense battle as Gautam Adani's expansion efforts trigger a race with Kumar Mangalam Birla's UltraTech Cement Ltd. Both billionaires are striving to dominate the supply of cement, crucial for India's infrastructure boom. In less than two years, Adani and UltraTech have completed six deals, with UltraTech announcing a seventh acquisition of a key regional player.
Admin
Jul 29, 2024
11
0
India's cement industry is witnessing an intense battle as Gautam Adani's expansion efforts trigger a race with Kumar Mangalam Birla's UltraTech Cement Ltd. Both billionaires are striving to dominate the supply of cement, crucial for India's infrastructure boom. In less than two years, Adani and UltraTech have completed six deals, with UltraTech announcing a seventh acquisition of a key regional player.
Comments (0)