Gautam Adani’s Ambuja Cements draws up $9-billion war plan for Ultratech battle

[Bilgin]

Gautam Adani’s Ambuja Cements draws up $9-billion war plan for Ultratech battle The Adani group's Ambuja Cements has drawn up a blueprint outlining a capital expenditure of about ₹75,000 crore to climb past Aditya Birla group’s Ultratech Cement as the country’s largest cement-maker, but it will be a steep ascent