Adani Merges Ambuja, ACC, Orient Cement for Streamlining

Adani Group's Ambuja Cements has approved the merger of ACC and Orient Cement to create a unified 'One Cement' platform. This strategic consolidation aims to streamline operations, cut costs, and enhance competitiveness in India's cement market, impacting a business valued at approximately Rs 35,000 crore.

• Ambuja Cements to merge ACC and Orient Cement for unified operations.
• Move creates a 'One Cement' platform for Adani Group's cement business.
• Consolidation aims to streamline operations and optimize costs.
• Merger targets improved efficiency and increased profitability.
• Adani seeks to bolster market leadership against UltraTech Cement.
• The integrated entity will strengthen balance sheet for expansion.

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