Acquisitions & Mergers
The cement business anticipates stronger growth in 2025.


By Kajal Sharma - 25 Dec 2024 10:43 PM
The Indian cement industry, which is seeing two corporate houses consolidate and become more competitive, is focusing on 2025 in the hopes of improving sales realization, increasing margins, and accelerating demand. It anticipates an approximate 8% increase in sales, aided by higher government spending on expensive infrastructure projects. Two major firms are paying USD 4.5 billion to purchase more than 50 MTPA (million tonnes per annum) of capacity: UltraTech, a company in the Aditya Birla group.
From moderate capacity utilization to lower sales realisation, which affected the topline of several manufacturers, to margin contraction and slower volume growth, the industry confronted numerous problems in 2024.As part of its inorganic expansion strategy, Adani Cements, a lateral entrant in the sector, recently announced that it would purchase Orient Cement, a company owned by the CK Birla group, in addition to completing the acquisition of Penna Industries and Sanghi Industries, all of which are situated in Saurashtra. Additionally, it has seized the facilities of smaller competitors, such as My Home and its affiliate ACC, which has purchased Asian Concretes and Cements.