Which Indian conglomerate became the new owner of ACC and Ambuja Cements after acquiring Holcim’s India business?
Solution
✅ Correct Option: 4
The **Adani Group** acquired Holcim's stakes in **Ambuja Cements and ACC** in 2022, making Adani a major cement producer in India. **Option 1:** **JSW Group** has its own cement business, **JSW Cement**, along with its flagship steel business, JSW Steel. **Option 2:** The **Aditya Birla Group** owns **UltraTech Cement**, India's largest cement company by capacity. **Option 3:** **Reliance Industries** is mainly known for businesses such as **Jio, Reliance Retail, energy and petrochemicals**.
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