Gautam Adani’s entry into cement may lead to further consolidation: Dalmia Bharat CFO - Economic Times


5/23/2022 12:00:00 AM2 years 11 months ago
by Nikhil Agarwal

We believe that the Adani-Holcim deal is positive for the industry. Post the deal, there is another announcement in which they intend to double the company capacity over the next 5 years. In that case, we expect the competitive intensity to increase further …

Billionaire Gautam Adanis entry into cement with the acquisition of Holcims listed cement assets in India, and Ambuja for a little over $10 billion, may lead to consolidation in the industry as large… [+7653 chars]

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