Ambuja Cements has completed the acquisition of My Home Group's 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu on April 22, 2024. The asset spread across 61 acres of land, conveniently located near the Tuticorin Port with a long-term fly ash agreement will be value accretive from the beginning.
The company will leverage the coastal footprint and state-of-the-art marine infrastructure and equipment, ensuring that the best quality products are delivered. This acquisition provides access to the southern market customers with an opportunity to experience and instill their trust in one of the most iconic and trusted brands - Ambuja Cement. Furthermore, the limited availability of limestone in Tamil Nadu presents a unique competitive advantage with coastal movement of clinker from the Sanghipuram Plant ensuring cost-efficient operations.
Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets. It is a material company of Adani Cement and part of the diversified Adani Group.
