Cement

Photo: Pradeep Gaur/Mint

Holcim Group Likely To Exit India After 17 Years In Market

The world's largest cement maker, Holcim Ltd, is mulling over the sale of Ambuja Cements Ltd and ACC Ltd, according to some people privy to the matter. Holcim had entered India seventeen years ago, and can now possibly leave the market. This is in line with its global strategy to shift focus to other markets. The cement behemoth reportedly held some negotiations with the Adani Group and the JSW too.

Thu, 14 Apr 2022 - 04:17 PM / by Varun Das

Tags: business, cement, Ambuja cements, Adani Group, JSW

Courtesy: The Economic Times