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Indian cement market

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N Srinivasan Steps Down as UltraTech Acquires Majority Stake in India Cements

UltraTech Cement acquired a 32.72% stake in India Cements Ltd (ICL) to move one step further for the enlargement of its southern cement...

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UltraTech Cement Secures CCI Nod for Rs 7,000 Crore Deal with India Cements

The Competition Commission of India (CCI) has granted unconditional approval for UltraTech Cement’s Rs 7,000-crore acquisition of a majority stake in India Cements...

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Shree Cement to Invest Rs 800 Crore in New Bihar Plant

Shree Cement, one of India’s top five cement producers, has announced a significant investment of Rs 800 crore to establish a cement plant...

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Ambuja Cements to Merge Sanghi Industries and Penna Cement

Ambuja Cement, one of the leading enterprises within the Adani Group, is going to merge its subsidiaries Sanghi Industries (SIL) and Penna Cement...

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South India Leads Cement Price Increases as Demand for Real Estate and Infrastructure Expands

Cement dealers in India have started hiking prices this December after months of flat prices, that squeezed margins and hurt bottomlines for manufacturers....

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Dalmia Bharat to Boost Capacity with Major Expansions

Dalmia Bharat, one of India’s leading cement manufacturers, has outlined ambitious plans for capacity expansion, aiming to reach an interim target of 75...