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The cement giant

Wealth Insight

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April 2023

The second-largest cement manufacturer has had a steep growth curve. Now, it stares at a new life under the Adani Group

- Udhayaprakash

The cement giant

Starting its journey as a joint venture between Gujarat Industrial Investment Corporation (GIIC) and Narottam Sekhsaria & Associates, Ambuja Cements is the second-largest cement manufacturer in India. In 1983, it became a public company under the name of "Gujarat Ambuja Cements'.

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