Holcim Group Losing Share in Indian Cement Market
The Holcim group one of the world’s top cement maker outside China continues to lose market share to its rivals in the Indian cement market. The combined revenue market shares of ACC and Ambuja Cements the two Holcim group companies in India declined to a low of 17.1 cent in FY21. This is down from 18.8 per cent a year ago and a high of nearly 25 per cent in FY08. As a result, the Holcim group is now a distant second in the domestic cement market in terms of revenues, behind Aditya Birla’s Ultratech Cement. ACC and Ambuja Cements.
Tags : ALLIED Indian Share Holcim Group Losing Cement Market