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Fag end of cement sector M&As?
Mint Chennai
|March 27, 2025
After the Adani Group's entry into the cement sector in 2022, the industry has been in a phase of consolidation. Big cement firms want to get bigger amid the battle for market share.

For large listed cement makers Aditya Birla Group's UltraTech Cement Ltd and Adani Group's Ambuja Cements Ltd, expansion via the inorganic route has been a key mantra.
Inorganic growth alternatives such as acquisitions tend to be more cost-effective than organic routes. They aid in faster scale-up of operations. Plus, expansions into newer geographies help in lowering the lead distance. These factors help cement makers get a tighter grip on operating costs and boost volumes.
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