Category: Cement
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Ambuja-Orient merger to deepen consolidation in India’s cement industry
Consolidation to strengthen Adani’s cement market presence Merger aims to unlock scale, logistics, and cost synergies The proposed merger of Orient Cement with Ambuja Cements marks a significant step in the consolidation of India’s cement industry, although it remains subject to the required statutory and regulatory approvals. The National Company Law Tribunal (NCLT) has directed Orient…