UltraTech Cement’s Acquisition of India Cements: Implications for the Indian Cement Industry
The Indian cement industry witnessed a significant development with UltraTech Cement’s recent acquisition of India Cements. This strategic move, valued at Rs 3,954 crore, positions UltraTech as an even stronger player in the highly competitive cement sector, intensifying the rivalry with Gautam Adani-led Adani Group. Let’s break down the details of this acquisition and its … Read more