TIMELINE-Major deals in India's cement sector since Adani Group's entry in 2022

Dealmaking in India's cement sector has intensified. Adani Group is reportedly in talks to buy Heidelberg Materials’ local operations for about $1.2 billion. This move follows a series of acquisitions by major players like UltraTech Cement, Dalmia Bharat, and Ambuja Cements as they seek to capitalize on government infrastructure spending.