Over the past few weeks, domestic corporate giants such as Adani Group, Aditya Birla Group, and JSW Steel are racing to acquire Holcim’s stake in Ambuja Cements and ACC—the country’s two largest cement companies. The development comes days after reports emerged that Holcim Group, the world’s largest cement manufacturing firm, is planning to sell its entire stake in Ambuja Cement and ACC. The board of Holcim Group is set to meet this week in this regard.