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ICL by njsnghl is a document available to read on EtoBox.

In the late 1990s, the Indian cement industry consolidated as demand declined and overcapacity squeezed margins. This led to a wave of acquisitions as smaller, inefficient players struggled. In 1998, India Cement Limited (ICL) sought to acquire Raasi Cements, seeing it as an attractive target given its low costs but weak marketing. The takeover would increase ICL

Author

njsnghl

Language

EN