Adani and Aditya Birla Groups shake up wires and cables sector, challenging small players with major investments.

Adani Group and Aditya Birla Group are poised to make a foray into the rapidly expanding wires and cables segment in India, posing a challenge to the prevailing dominance of smaller, unorganized competitors. The strategic decision is forecasted to bring about substantial market upheaval. Through substantial investments, Adani has established a joint venture, while Aditya Birla has disclosed a substantial financial commitment along with blueprints for a new manufacturing facility.

In Trend

Haldiram partners with Temasek, expanding global reach with 10% stake acquisition at USD 10 billion valuation.

“Trump hints at seeking third term, suggests ways to bypass two-term limit in recent interview”

Leave a Reply

Your email address will not be published. Required fields are marked *