UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production capacity to UltraTech's portfolio.
Yogesh Kabirdoss is a journalist for The Economic Times, with a focus on local news in Chennai, India. He covers a wide range of topics, including investments in renewable energy, industrial development, and economic growth in the region. His articles provide valuable insights into the business and economic landscape of Chennai.