Formerly known as Gujarat Ambuja Cement Limited or GACL, the company has earned a reputation for this service. Adani Group paid US$ 10.5 billion to acquire Holcim’s share in Ambuja Cements and ACC on May 15, 2022. 

Strategic Investment 

Adani Group is all set to invest Rs 1,600 Cr to establish a six-million-ton cement grinding facility in the Bihar district of Nawada. Not only is this the Adani group’s first investment in Bihar, but it’s also the state’s biggest cement industry investment. 

The undertaking has been divided into three stages. The initial phase of the 2.4 MTPA project is going to be operational by December 2025, requiring an investment of Rs 1,100 Cr. 

Nitish Kumar, the Chief Minister of Bihar, laid the foundation for Rs 1,600 Cr for the company. He also stated, “This investment by the Adani Group is a testament to Bihar’s growth potential and our commitment to fostering sustainable development for the people of Bihar.” 

Job Creation 

This unit will generate 1,000 indirect jobs and 250 direct jobs. The government anticipates earning Rs 250 Cr from it annually. The Bihar Industrial Development Authority has granted 73 acres to the cement unit.

Future Plans 

Additionally, the Adani Group has suggested spending an additional Rs 5,500 Cr in Bihar. There will be a construction of a new cement plant in Motipur, Muzzaffarpur. A logistic godown close to Patna, and agricultural logistic godowns in Araira, Kishanganj, and Begusarai.  

The Adani Group’s acquisition of Ambuja Cements and its investment of Rs 1,600 Cr in the Nawada district of Bihar demonstrates a noteworthy acceleration of the region’s economic development. 

The new cement grinding unit, commencing in 2025, is going to generate significant revenue for the government and employ approximately 1,250 people itself. The action and other planned investments in Bihar demonstrate Adani’s commitment to promoting growth and improving infrastructure in the state.