UltraTech Cement Seeks UAE Expansion

29 May 2024 CW Team

The acquisition deal, announced recently, underscores UltraTech's commitment to enhancing its capacity and market share in the white cement segment. RAKWCT, a well-established player in the UAE, is renowned for its high-quality white cement production, which is essential for various specialised construction applications. The collaboration is expected to create significant synergies, leveraging UltraTech's extensive industry expertise and RAKWCT's strong regional market presence.

This strategic investment is a part of UltraTech?s broader strategy to diversify its geographical presence and product offerings. The Middle East, with its booming construction sector driven by infrastructural development and urbanisation, presents a lucrative market for UltraTech's expansion. The acquisition will not only provide UltraTech with a foothold in the UAE but also enhance its export capabilities to other neighbouring regions.

Moreover, the move is likely to foster technological exchange and innovation between the two companies. By integrating advanced manufacturing techniques and sustainable practices, the partnership aims to produce superior quality white cement while adhering to environmental standards. This initiative is in line with UltraTech's sustainability goals, focusing on reducing carbon footprints and promoting eco-friendly construction solutions.

The deal also signifies UltraTech's proactive approach to global market trends and its agility in capitalising on growth opportunities. As the company continues to scale its operations internationally, stakeholders can anticipate improved financial performance and enhanced shareholder value.In conclusion, UltraTech Cement's proposed acquisition of a stake in RAKWCT marks a significant step towards cementing its position in the global market. This move is poised to drive growth, foster innovation, and contribute to sustainable development in the construction industry.

UltraTech Cement, a leading Indian cement manufacturer, is set to expand its global footprint with a strategic move to acquire a 31.6% stake in UAE-based RAK White Cement Company (RAKWCT). This acquisition aligns with UltraTech's vision to strengthen its presence in the Middle Eastern market, a region witnessing robust construction growth. The acquisition deal, announced recently, underscores UltraTech's commitment to enhancing its capacity and market share in the white cement segment. RAKWCT, a well-established player in the UAE, is renowned for its high-quality white cement production, which is essential for various specialised construction applications. The collaboration is expected to create significant synergies, leveraging UltraTech's extensive industry expertise and RAKWCT's strong regional market presence. This strategic investment is a part of UltraTech?s broader strategy to diversify its geographical presence and product offerings. The Middle East, with its booming construction sector driven by infrastructural development and urbanisation, presents a lucrative market for UltraTech's expansion. The acquisition will not only provide UltraTech with a foothold in the UAE but also enhance its export capabilities to other neighbouring regions. Moreover, the move is likely to foster technological exchange and innovation between the two companies. By integrating advanced manufacturing techniques and sustainable practices, the partnership aims to produce superior quality white cement while adhering to environmental standards. This initiative is in line with UltraTech's sustainability goals, focusing on reducing carbon footprints and promoting eco-friendly construction solutions. The deal also signifies UltraTech's proactive approach to global market trends and its agility in capitalising on growth opportunities. As the company continues to scale its operations internationally, stakeholders can anticipate improved financial performance and enhanced shareholder value.In conclusion, UltraTech Cement's proposed acquisition of a stake in RAKWCT marks a significant step towards cementing its position in the global market. This move is poised to drive growth, foster innovation, and contribute to sustainable development in the construction industry.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..