Lafarge and Holcim began marking assets in the Indian region for divestiture to comply with the requirements of the Competition Commission of India for merger clearance.
The identified cement plants and related operational projects do not affect the global strategic plans of the two cement groups. The alliance of related institutions such as operation is actually a strategic alliance between the subsidiaries of the two groups in India, which is also a preparation for the formation of a unified organization after the merger in the future.
Lafarge's annual cement production capacity in India is around 5 million tons, far below the 47 million tons of Holcim's Indian subsidiaries, Ambuja Cement and Associated Cement. India's cement market has an annual production capacity of 350 million tons, and these two subsidiaries account for nearly 13%. In the Indian cement market, UltraTech, a subsidiary of Aditya Birla Group, is the largest cement producer with an annual capacity of 62 million tons.
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