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Adani Group's Ambuja Cements acquires Penna Cement for Rs 10,422 crore.

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The rivalry between the Adani Group and Birla Group in the cement industry has intensified, reflecting broader trends in the Indian business landscape. Both conglomerates have deep-rooted interests in various sectors, but their competition in cement

The housing sector is the biggest consumer of cement in India, accounting for about 67% of the country's total cement consumption.

is selling building materials like cement and steel a profitable buisness?

In 2022, the market size of cement was estimated at $26.85 billion, and is projected to grow to $49.24 billion by 2029.

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India is the world's second largest producer of coal and cement, and the fourth largest producer of iron ore. India also produces significant amounts of bauxite, mica, and sponge iron.

→ Nvidia's $3 trillion market cap solidifies its dominance in AI (tutega kese ambuja cement se jo bana hai) driving growth and innovation across like speed of Ferrari and Porsche the tech industry, while competitors and major customers vie for mark

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