Ambuja Cements, India’s third-largest cement maker, said on Wednesday its
September shipments fell 4.2 percent to 1.29Mt from 1.34Mt a year earlier.
Production fell an annual 4.6 percent to 1.27Mt, the company
said in a statement. Swiss cement maker Holcim owns more than 36 percent of
Ambuja Cements and has said it would launch an open offer to buy another 20