Ambuja Cement Expands Limestone Reserves

Ambuja Cement has significantly increased its limestone reserves by 27.5 million tonnes in the April-June 2024 quarter. This expansion bolsters the company?s raw material base, supporting its production capacity and long-term growth prospects in the cement industry.

Limestone is a crucial ingredient in cement manufacturing, and securing additional reserves ensures a stable supply for future production. This move aligns with Ambuja Cement?s strategic objective to enhance its operational efficiency and maintain its competitive edge in the market.

The acquisition of these reserves reflects Ambuja Cement?s commitment to strengthening its supply chain and meeting the increasing demand for cement, driven by ongoing infrastructure development and construction projects across India. This strategic reserve addition not only supports the company's production needs but also underscores its role in contributing to the country's construction and infrastructure growth.

Ambuja Cement?s focus on expanding its limestone reserves is expected to facilitate smoother operations and better manage raw material costs, ultimately benefiting its production efficiency and financial performance.

Related Stories

Ramco Cements Hit by Tamil Nadu’s New Mining Tax, Cost Pressures Rise
CCI Clears Ambuja Cements' Plan to Acquire 72.8% Stake in Orient Cement
Titagarh Rail Systems Bags Order for Rake Wagons from Adani Cement
SANY Unveils ST230V Skid Steer Loader for Global Markets
Wolffkran Unveils the New WOLFF 550 B Luffing Jib Crane