Adani Cement plans to achieve a cement manufacturing capacity of 140 million tons per year by 2028. This goal has been driven by accelerated capital investment and recent acquisitions, including Orient Cement. The Group is targeting a 20% market share in the Indian cement industry and expects demand growth due to the government’s infrastructure initiatives.
The cement company will benefit from accelerated growth, lower costs, and valuable collaborative work opportunities, all of which will contribute to being a market leader and achieving sustainable performance going forward. The conglomerate led by billionaire Gautam Adani is acquiring smaller rivals to challenge India’s top cement maker, Aditya Birla Group firm UltraTech.
In the last 12 months, it has made three major acquisitions – Penna Industries, Sanghi Industries and the recently announced CK Birla Group firm Orient Cement. Besides its subsidiary, ACC has also acquired Asian Concretes and Cements.
With the acquisition of Orient Cement, the operational cement capacity will increase to 97 million tons. They are on track to inaugurate the cement kiln line at their new 4-million-ton clinker plant at Bhatapara in Chhattisgarh and associated rotary ball mills at Kanakrel and Farakka in West Bengal, Sindri in Jharkhand by the end of this financial year.
They have also identified 13 additional rotary ball mill projects for which land acquisition and legal approvals are in process, which will enable them to reach 140 million tons by 2028.
The company currently has a 15 per cent market share in the Indian cement market and has an internal target of reaching 20 per cent in the next three years.
The cement group continues to strengthen its position as a market leader in the cement industry. Adani Cement is strengthening itself with an intense commitment to capacity expansion through organic and inorganic means. They also expect cement demand to rise by 4-5 per cent in 2024, supported by initiatives such as the government’s push for infrastructure and affordable housing.
Demand during 2025 is expected to grow in the range of 4-5 per cent. India’s per capita cement consumption is currently 275 kg, indicating that there is still plenty of room for growth and a billion-ton cement market may be reached in the next 10 years.
Acquisitions and expansion have also helped Adani make its logistics processes and other costs more efficient. It has seen 18 per cent cost reduction since September 22.
The cement market in India is led by the Aditya Birla Group’s UltraTech Cement Ltd, which has a consolidated capacity of 152.7 million tons per year.
The Adani Group, with its brands Ambuja Cements and ACC, is India’s second-largest cement manufacturer. Ambuja Cements Ltd. and ACC Ltd. are among the most trusted construction material brands in the country.