WATCH: Why Did Adani Group Decide To Acquire ACC & Ambuja Cements? Gautam Adani Explains

"Cement Is An Attractive Adjacency To Our Infra Biz," says Gautam Adani, Chairman, Adani Group. He stated that the Ambuja-ACC acquisition is the largest ever inbound M&A transaction and that India is the second largest producer of cement in the world. Karan Adani, the elder son of billionaire Gautam Adani, will be taking over as the Chair of ACC — the cement major with Rs 16,151-crore revenue.