Holcim Makes Exit from India's Cement Sector

NEW DELHI--May 23, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Recently, one of the world's largest cement players, Holcim (Zug, Switzerland), made an agreement to sell its Indian assets to Adani Group (Ahmedabad, India), raising the question, why is Holcim exiting India's lucrative construction sector? The answer: carbon emissions reduction goals.