Adani Group to become most profitable

Adani Group to become most profitable cement manufacturer in India :

[{"selector":"#anim-5e846c78-fde0-4bc5-8dff-51c6f9944430 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.140425193515032%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-e5444d9d-72f9-4765-9759-172f68e4cf50","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ac22aac5-a610-49e3-bf6a-31943fa84c19","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Credit: Google Gautam Adani said his business has plans to treble cement manufacturing capacity and become the most profitable producer in the nation

after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC.

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He predicted that the government's push to build infrastructure and India's record-breaking economic development

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economic development would lead to a huge margin expansion and a multifold increase in cement demand.

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The ports-to-energy conglomerate has suddenly grown to be the second-largest cement maker in the nation

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the founder and chairman of the Adani Group on September 17 at an event to celebrate the conclusion of the acquisition

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Adani Group successfully acquired the two companies' respective stakes from Swiss giant Holcim.

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He described the acquisition as historic and said that it was completed in a record-breaking 4 months,

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