The landscape in southern India has transformed rapidly since 2022, when Adani’s US$10.5 billion acquisition of ACC and Ambuja Cement fundamentally altered the competitive balance. With nearly 40 players previously vying for market share, the entry of national conglomerates forced local firms into a defensive posture. Saxena notes that the resulting pricing pressure has left many southern operators struggling to stay solvent, forcing Bharathi Cement to prioritize efficiency across its entire value chain.
To counter these pressures, Saxena has focused on logistics and strategic infrastructure. A key move involved the construction of a one-million-metric-ton capacity terminal in Coimbatore, which serves as a vital gateway to Kerala. This facility slashed logistics costs that had previously ballooned beyond US$26.85 per metric ton. Looking ahead, the company is shifting its growth focus toward the booming infrastructure hubs of Maharashtra, specifically targeting Hyderabad, Pune and Mumbai.




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