Adani's Ambuja Cements Acquires My Home Group슬롯사이트�s 1.5 Million Tonnes Per Annum Cement Grinding Unit in Tuticorin, Tamil Nadu, for Rs 413.75 Crore

Ahmedabad, April 15:슬롯 머신 사이트 추천In a bid to enhance coastal footprint across southern markets, the Adani Group슬롯사이트�s building material company Ambuja Cements on Monday announced to acquire My Home Group's 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu, for Rs 413.75 crore.

The acquisition, funded through internal accruals, takes Adani Group슬롯사이트�s total cement capacity to 78.9 MTPA, the company said in a statement. The plant is spread across 61 acres of land with a long-term fly ash supply agreement for raw material sourcing.슬롯 머신 사이트 추천 슬롯사이트�We are glad to announce this acquisition, strengthening our foothold in the region and aligning perfectly with our commitment to delivering high-quality products and services to our customers,슬롯사이트� said Ajay Kapur, CEO슬롯사이트�Cement Business, Adani Group.슬롯 머신 사이트 추천TRAI Recommendations on 슬롯사이트�Regulatory Sandbox슬롯사이트� To Help Startups Develop India-Made Products Says Broadband India Forum.

In addition to the infrastructure and geographical advantages, Ambuja Cements will also inherit the existing dealer network and retain current employees, facilitating a smooth transition and enabling the rapid ramp-up of utilisation, Kapur added. Ambuja Cements said it will leverage the coastal footprint and state-of-the-art marine infrastructure and equipment, ensuring that the best quality products are delivered.

슬롯사이트�This acquisition provides access to the southern market customers with an opportunity to experience and instil their trust in one of the most iconic and trusted brands 슬롯사이트� Ambuja Cement,슬롯사이트� the company noted. Furthermore, the limited availability of limestone in Tamil Nadu presents a unique competitive advantage with the coastal movement of clinker from the Sanghipuram Plant ensuring cost-efficient operations.슬롯 머신 사이트 추천Zerodha Co-Founder Nikhil Kamath Launches Non-Dilutive Grant Agnostic Fund 슬롯사이트�WTFund슬롯사이트� for Young Entrepreneurs.

Ambuja, with its subsidiaries ACC Ltd and Sanghi Industries Ltd, has taken the Adani Group슬롯사이트�s cement capacity to 78.9 MTPA with 18 integrated cement manufacturing plants and 19 cement grinding units across the country. Ambuja has recently been recognised as 슬롯사이트�India슬롯사이트�s Most Trusted Cement Brand슬롯사이트� by TRA Research in its 'Brand Trust Report, 2024'.