The Big Squeeze: How Adani Cemented Its Place In India's Market With A $10.5 Billion Deal

The Adani Group, a major Indian conglomerate, made a bold move in May 2022 by announcing the acquisition of Ambuja Cements Limited and its subsidiary ACC Limited from the Swiss cement giant Holcim Group. This deal, valued at a staggering $10.5 billion (Rs. 80,350 crore), transformed the Indian cement industry landscape.