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The Adani Group-owned Ambuja Cements is set to invest Rs.60 billion in renewable power projects.
Ambuja Cements is acquiring 83 per cent stake in Sanghi Industries for Rs.50 billion.
The plant possesses a clinker production capacity of 3.3 million tpa.
Setting the Stage for Rapid Growth
Ambuja Cements plans to expand its clinker capacity by 8 mt at the Bhatapara and Maratha units.
The industry growth is anticipated to remain strong at 7-8% for FY24
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