Adani Group is making significant strides in enhancing the skills of India’s infrastructure workforce. Through its cement and building materials companies, Ambuja Cements and ACC, Adani is committed to nation-building. A key part of this initiative is the Executive Excellence Program (EEP), which is a collaboration with the Association of Infrastructure Industry (India). This program is part of the National Capacity Building initiative set to launch in 2024. Under the supervision of the Chief Scientific Advisor of the Government of India, this program aligns with the Skill India initiative. The EEP offers short-term residential courses that combine academic rigor with practical applications in real-world scenarios.
The EEP has already trained over 2,000 practicing civil engineers and architects since its inception in 2020. The first two editions of the program were conducted in collaboration with IIT Kanpur, followed by IIT Gandhinagar and IISc Bangalore. Future sessions may take place at IIT Madras, expanding the program’s educational reach. Recently, 175 professionals completed the program’s 2024 edition, gaining skills in asset management, sustainable construction, and emerging technologies. Participants also receive certified qualifications that enhance their readiness for the industry.
The EEP promotes peer learning and collaboration, fostering a community of professionals ready to drive transformation in India’s infrastructure sector. Adani Cement, through its support for programs like the EEP, sets benchmarks in skill development and reaffirms its role in building a stronger, self-reliant nation.
In addition to these educational initiatives, Adani Group is preparing to acquire another cement company. Reports suggest that Ambuja Cements is in talks to buy Star Cement, a market leader in the North East region. This move is part of Adani’s strategy to expand its footprint in the Indian cement market, targeting a 20% market share by the financial year 2027-28.
The company is evaluating growth opportunities as major cement firms eye the North East as a potential market for expansion. For instance, Ultratech is developing a greenfield grinding unit in Assam, while JK Lakshmi Cement is also establishing a presence in the region. Star Cement currently holds a significant market share in the North East, with plans to increase its capacity by 2030.
The Adani Group has been active in the cement industry, acquiring several companies in recent years. They purchased Orient Cement for ₹8,100 crores and previously acquired Pennar Cement. With these acquisitions, the group aims to strengthen its position in the market, especially as demand for cement continues to rise.
Investors are optimistic about the growth potential of Adani Cements, especially with recent reports suggesting an increase in the company’s market share from 14% to 20% by 2028. The company has a substantial limestone reserve of 800 million tons, which is crucial for cement production. Furthermore, 40% of its fly ash requirements are secured under long-term arrangements, expected to increase to over 50% by 2028.
Overall, Adani Group’s focus on skill development, strategic acquisitions, and expanding its market presence positions it for a promising future in the Indian cement industry. As the group continues to invest in various sectors, including ports and infrastructure, the results of these initiatives are expected to unfold in the coming years.
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