Mint Explainer | Why Adani is folding its cement assets into Ambuja now

Karan Adani, non-executive director of Adani Group’s Ambuja Cements, said in the company statement on the merger: “By combining Ambuja Cements, ACC and Orient Cement under a single corporate structure, we strengthen our ability to drive operational excellence, accelerate growth and deliver sustainable long-term value.” “This merger builds on our already proven track record to further position the business to increase efficiency and productivity.”