Founder – Ambuja Cement founded by Narotam Sekhsaria and Suresh Neotia. Narotam Sekhsaria is an Indian entrepreneur and the chairman of the company. He did bachelor’s in chemical engineering from University of Mumbai. Under his leadership, the company expanded its production capacity from 0.7 million tonnes to 15 million tonnes increased market capitalisation from Rs 18 crore to Rs 14,000 crore and transformed from a single unit to pan-India company.
Founder – Ambuja Cement founded by Narotam Sekhsaria and Suresh Neotia. Narotam Sekhsaria is an Indian entrepreneur and the chairman of the company. He did bachelor’s in chemical engineering from University of Mumbai. Under his leadership, the company expanded its production capacity from 0.7 million tonnes to 15 million tonnes increased market capitalisation from Rs 18 crore to Rs 14,000 crore and transformed from a single unit to pan-India company.
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Who is the CEO of Ambuja Cement?
Neeraj Akhoury is the current CEO of Ambuja Cement. How does Ambuja Cement make money? The Company operates through Cement and cement related products segment. Who ‘s the top competitor of Ambuja Cement?
What is the relationship between Ambuja and Holcim?
Ambuja Cement – Partnership – The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters’ stake in the GACL for INR 21.4 billion. Currently, Holcim holds 61.62% of shares in Ambuja Cements.
Will the ACC and Ambuja merger see the light of day?
Ambuja Cement – Merger with ACC – Two of India’s marquee cement companies, ACC and Ambuja, have been part of the same global cement group for a long time. The markets were also rife with speculation about the complete merger of ACC and Ambuja for a very long time now.
Finally, that seems to be seeing the light of day. In early May 2017, both ACC and Ambuja independently announced that they will consider a possible merger. Globally, one of the biggest mergers in the cement industry was between Holcim and Lafarge which created the world’s largest cement company in the world, Lafarge Holcim.
Interestingly, this company is the holding company for ACC and Ambuja Cements in India. ACC’s Neeraj Akhoury replaced Bimlendra Jha who resigned as the MD and CEO of Ambuja Cements.
What is Ambuja’s brand icon?
Embracing sustainability, one step at a time – The company’s community outreach programme, measures for sustainability and water conservation, agricultural interventions project and its environment protection measures conform to the standards set by the world’s best.
- Ambuja Cement is the only cement company in India to be eight times water positive.
- The company adopted a sustainable rural marketing model in 2007 to provide technical assistance in building rural infrastructure and impart training skills to villagers.
- In the same year, Suresh K Neotia, Chairman, Ambuja Cement, was awarded the prestigious Padma Bhushan award for his contribution to Indian Business and Industry.
In 2009, Ambujanagar won the ‘Best Environmental Excellence in Plant Operation’ a national award by NCBM. Ambuja Cement has also been conferred with the National Award for outstanding pollution control by the Prime Minister of India. The Confederation of Indian Industries (CII) recognised Ambuja Cement’s efforts to mould their business to assimilate the principles of sustainability in 2012.,
