Ambuja Cements' Acquisition: Tuticorin Grinding Unit

17 Apr 2024 CW Team

Ambuja Cements has announced its acquisition of a 1.5 million metric tonnes per annum (MTPA) grinding unit in Tuticorin for Rs 4.13 billion. This strategic move underscores Ambuja's commitment to expanding its presence in the cement market and strengthening its production capacity.

The acquisition of the Tuticorin grinding unit aligns with Ambuja Cements' growth strategy, enabling the company to enhance its operational efficiency and meet the growing demand for cement in the southern region of India. By adding this grinding unit to its portfolio, Ambuja Cements aims to bolster its position as a leading player in the Indian cement industry.

The Tuticorin grinding unit acquisition presents significant opportunities for Ambuja Cements to optimise its supply chain, improve cost efficiencies, and capitalise on synergies within its manufacturing network. Additionally, the strategic location of the Tuticorin unit provides access to key markets, facilitating the distribution of Ambuja's products and strengthening its market presence.

Ambuja Cements' investment in the Tuticorin grinding unit reflects its confidence in the long-term growth prospects of the cement sector in India. With increasing infrastructure development and urbanisation driving demand for cement, the acquisition positions Ambuja Cements to capitalise on emerging opportunities and drive sustainable growth.

Overall, the acquisition of the Tuticorin grinding unit reaffirms Ambuja Cements' commitment to expanding its footprint and delivering value to its stakeholders. As the company integrates the new unit into its operations, it is poised to enhance its competitiveness and contribute to the development of India's infrastructure landscape.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..