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BBA-DBE Bangalore 2026 PYQsGeneral Knowledge. Free, no login required.

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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