Founded in 1983, Ambuja Cement was started by two traders with very little knowledge of cement or manufacturing
Ambuja Cement's Founders
Narotam Sekhsaria and Suresh Neotia invested in a state-of-the-art cement plant in Gujarat and went on to build India's leading cement company
Ambuja's Shipping Initiative
When the cost of transporting cement by road seemed expensive, Ambuja Cement became the first Indian company to use the sea to transport cement in bulk
Special Port Built For Ambuja Cement
An all-weather port was built at Muldwarka, Gujarat, 8km from the company’s Ambujanagar plant
Ambuja-Holcim deal
In 2005, Ambuja Cements and another Indian cement company, ACC Limited, became a part of the Holcim group of Switzerland
Later, in 2015, Holcim Limited and Lafarge SA came together in a merger of equals to form LafargeHolcim
Ambuja-Holcim deal
Ambuja Cement's Phenomenal Rise
Ambuja Cement had a single plant with a capacity of 700,000 tonnes per annum in 1986
In 2016, the company became a cement giant with 5 integrated cement manufacturing plants and 8 cement grinding units
Ambuja Cement's Growth
Adani Group's takeover
In 2022, Ambuja Cement became a part of the Adani Group
Currently, Adani Group owns around 63% of Ambuja Cement and 57% of ACC