The facility covers 61 acres and is conveniently close to the Tuticorin Port. Therefore, The company stated that it would add value from the start, thanks to a long-term fly ash agreement.

Additionally, Adani’s Group acquired these two companies earlier Sanghi Industries and Asian Conceret and Cements, now My Homes is the third cement company bought by Adani’s Group.

My Home Group, based in Telangana, diversifies its business interests, and it spreads the said cement unit across 61 acres near the Tuticorin Port.

“We are glad to announce this acquisition, strengthening our foothold in the region and aligning perfectly with our commitment to delivering high-quality products and services to our customers. In addition to the infrastructure and geographical advantages, Ambuja Cements will also inherit the existing dealer network and retain current employees, facilitating a smooth transition and enabling the rapid ramp-up of utilization,” Ajay Kapur, CEO–of Cement Business, Adani Group, said.

Moreover, The Tuticorin Plant spread across 61 acres of land, has a long-term fly ash supply agreement for raw material.