Adani vs Birla: Battle to Consolidate India's Infrastructure Position
Gautam Adani recognises that India's infrastructure goals are immense and that expenditure on new bridges, highways, and residential and commercial areas would only grow.
Adani bought Ambuja and ACC from Swiss firm Holcim for $6.5 billion, making him India's second-largest cement maker. Both will compete for India's infrastructure market.
UltraTech Cement, part of the Aditya Birla Group and Adani’s rival, aims to invest Rs 12,886 crore to expand capacity. It believes the new capacity of 160 MTPA would fulfil the country's future demands for homes, transportation, and other infrastructure.