Ambuja :2024 Cements acquires My Home Group’s 1.5 MTPA cement unit in TN for Rs 413.75 cr

Ambuja Cements acquires My Home Group’s 1.5 MTPA cement unit in TN for Rs 413.75 cr


April 15 (IANS) In a bid to enhance coastal footprint across southern markets, the Adani Group’s building material company Ambuja Cements (NS:ABUJ) on Monday announced to acquire My Home Group’s 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu (NS:TNNP), for Rs 413.75 crore.The acquisition, funded through internal accruals, takes Adani Group’s total cement capacity to 78.9 MTPA, the company said in a statement.

The plant is spread across 61 acres of land with a long-term fly ash supply agreement for raw material sourcing.

“We are glad to announce this acquisition, strengthening our foothold in the region and aligning perfectly with our commitment to delivering high-quality products and services to our customers,” said Ajay Kapur, CEO–Cement Business, Adani Group.



In addition to the infrastructure and geographical advantages, Ambuja Cements will also inherit the existing dealer network and retain current employees, facilitating a smooth transition and enabling the rapid ramp-up of utilisation, Kapur added.

Ambuja Cements said it will leverage the coastal footprint and state-of-the-art marine infrastructure and equipment, ensuring that the best quality products are delivered.

“This acquisition provides access to the southern market customers with an opportunity to experience and instil their trust in one of the most iconic and trusted brands – Ambuja Cement,” the company noted.

Furthermore, the limited availability of limestone in Tamil Nadu presents a unique competitive advantage with the coastal movement of clinker from the Sanghipuram Plant ensuring cost-efficient operations.



Ambuja, with its subsidiaries ACC Ltd (NS:ACC) and Sanghi Industries Ltd, has taken the Adani Group’s cement capacity to 78.9 MTPA with 18 integrated cement manufacturing plants and 19 cement grinding units across the country.

Ambuja has recently been recognised as ‘India’s Most Trusted Cement Brand’ by TRA Research in its ‘Brand Trust Report, 2024’.


Yes, that’s correct! On April 15, 2024, Ambuja Cements, owned by the Adani Group, announced the acquisition of My Home Group’s cement grinding unit in Tuticorin, Tamil Nadu for Rs 413.75 crore. This acquisition is seen as a strategic move for several reasons:

  • Strengthens southern presence: This deal will boost Ambuja Cements’ footprint in the south Indian market, particularly Tamil Nadu and Kerala. The grinding unit has a capacity of 1.5 million tonnes per annum (MTPA), which will add to Ambuja’s overall production capacity.
  • Coastal advantage: The acquired unit is located near the Tuticorin Port, which facilitates cost-effective transportation of clinker (raw material for cement) from Ambuja’s Sanghipuram Plant.
  • Smoother transition: Ambuja plans to retain the existing dealer network and employees of the My Home Group unit. This will ensure a smoother transition and quicker ramp-up of operations.

Overall, this acquisition is expected to be beneficial for Ambuja Cements, solidifying their position in the Indian cement market.

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