Company Directory - Ambuja Cements Limited
Company Details - Ambuja Cements Limited

Ambuja Cements Limited
WebsiteAmbuja Cements is a major Indian cement manufacturer involved in the production, distribution, and marketing of cement. Now part of the Adani Group, the company plays a significant role in the nation’s construction materials sector.
CCI Score
CCI Score: Ambuja Cements Limited
10.68
-0.01%
Latest Event
Ambuja Cements Limited Implicated in Troubling Business Practices amid Market Cap Collapse
Ambuja Cements, a major player in India's construction sector and part of the Adani Group, was mentioned in a report highlighting a significant market capitalization decline, regulatory scrutiny, and bribery allegations impacting the group. The company's strategic acquisition of Sanghi further raises concerns about its corporate governance and ethical business practices.
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SABOTEUR
Ambuja Cements Limited is currently rated as a Saboteur.
Latest Events
- MAR212025
Ambuja Cements, a major player in India's construction sector and part of the Adani Group, was mentioned in a report highlighting a significant market capitalization decline, regulatory scrutiny, and bribery allegations impacting the group. The company's strategic acquisition of Sanghi further raises concerns about its corporate governance and ethical business practices.
- JAN012025
Ambuja Cements Limited, as part of the Adani Group, published a comprehensive human rights policy outlining its commitment to uphold and protect fundamental human rights, including strict adherence to international labor laws and standards such as SA8000. The policy emphasizes measures against human trafficking, child labor, and forced labor, while also detailing periodic audits and training programs to ensure compliance.
+80
Labor Relations and Human Rights Practices
March 24
The published human rights policy demonstrates a strong commitment to protecting labor rights and upholding international standards related to human rights. By explicitly outlining adherence to anti-trafficking laws, child labor laws, and forced labor regulations, and instituting periodic audits and training, Ambuja Cements shows proactive measures to safeguard workers and encourage ethical labor practices. This is seen as a positive effort against the exploitation often linked with authoritarian practices.
- MAY072024
Ambuja Cements published its 'Policies & Code' outlining a commitment to ethical business practices, customer protection, and transparency in its sales operations. By emphasizing the use of authorized dealers and clear instructions to avoid unauthorized online orders, the company reinforces its stance on ethical responsibility, distancing itself from exploitative practices that could contribute to broader authoritarian business behaviors.
+75
Business Practices and Ethical Responsibility
March 24
The company's published policies highlight a strong commitment to ethical business practices. By detailing procedures that ensure sales are conducted only through authorized channels and emphasizing customer security and transparency, Ambuja Cements demonstrates responsible conduct in its operations. This proactive stance against exploitative or opaque practices contributes positively in the context of resisting authoritarian business influences.
- MAY022024
On May 2, 2024, the Adani Group increased its stake in Ambuja Cements by 3.6%, bringing their total ownership to 70.3%. This consolidation of corporate power raises concerns about potential regulatory capture and increased economic influence that may benefit authoritarian practices, as centralized economic power can undermine democratic oversight.
-50
Economic and Structural Influence
March 24
The strategic increase in stake by the Adani Group consolidates economic power within Ambuja Cements, heightening the risk of regulatory capture and economic collaboration that can favor authoritarian regimes. Concentrating such power in a controversial conglomerate is seen as a negative trend from an anti-fascist perspective.
- JUN302023
Ambuja Cements detailed its commitment to upholding human rights and fair labor practices by aligning its policies with international frameworks such as the Universal Declaration of Human Rights, ILO’s principles, and SA8000 standards. The report stresses that workers are paid above minimum wage levels and that human rights are embedded across all facets of operations.
+85
Labor Relations and Human Rights Practices
March 24
Ambuja Cements' report underlines a strong commitment to labor rights and human rights, demonstrating adherence to global standards (such as ILO principles and SA8000) and ensuring fair wages for employees. This proactive approach to embedding human rights in business practices is a positive signal against exploitative labor practices and aligns with ethical responsibilities in corporate governance.
Business Responsibility and Sustainability Report - FY 2023-24
- JAN012023
The $10.5 billion acquisition, a key element of Adani Group’s strategy, consolidates market power by integrating the cement supply chain. This vertical integration raises concerns over market dominance, potential regulatory capture, and a weakening of democratic oversight, reflecting broader issues in economic and political behavior.
-40
Public and Political Behavior
March 24
The consolidation of market power through vertical integration can contribute to a closer nexus between corporate influence and political decision-making, potentially eroding democratic accountability and paving the way for regulatory capture.
-50
Business Practices and Ethical Responsibility
March 24
The acquisition raises significant ethical concerns as it prioritizes market consolidation over transparent and responsible business practices. Such strategies often undermine fair competition, labor rights, and community investment, which are critical in resisting authoritarian influences.
-70
Economic and Structural Influence
March 24
The massive acquisition significantly strengthens Adani’s economic position, leading to increased market influence and a higher risk of regulatory capture. This concentration of economic power can enable closer ties with political entities, potentially facilitating authoritarian practices.
- MAY012022Acquisition of Ambuja Cements by Adani Group Sparks Fears of Authoritarian Economic Consolidation
-28.24
Ambuja Cements, a major Indian cement producer, was acquired as part of a $10.5 billion deal by the Adani Group. Critics argue that this merger consolidates economic power in a conglomerate known for its politically charged affiliations, potentially paving the way for increased influence over public policy and regulatory frameworks that favor authoritarian practices.
-30
Public and Political Behavior
March 24
The acquisition is seen as a move that could enhance the Adani Group's political influence, given its track record of leveraging economic clout to impact public policy. This consolidation raises concerns over potential support for authoritarian agendas, by centralizing power and reducing transparency in corporate political behavior.
-50
Economic and Structural Influence
March 24
The merger significantly enhances economic concentration within the cement sector by consolidating Ambuja Cements under the Adani Group umbrella. This consolidation is viewed with skepticism from anti-fascist perspectives since it may enable further economic collaboration with political elites and regulatory bodies, thereby potentially supporting an authoritarian model of corporate governance.
- JAN012016
The 2016 Sustainable Development Report from Ambuja Cements Limited highlights the company's commitment to human rights and responsible supply chain practices. The report outlines their comprehensive Human Rights Management System, training initiatives, and supplier code of conduct while noting some gaps such as the absence of human rights clauses in significant investment agreements.
+80
Labor Relations and Human Rights Practices
March 24
Ambuja Cements demonstrates a strong commitment to labor rights and human rights practices through its comprehensive Human Rights Management System, adherence to international standards like the UN Global Compact, and regular human rights training for employees. The establishment of grievance mechanisms and active engagement with stakeholders further underscores their proactive approach in safeguarding worker rights and promoting ethical practices.
Sustainable Development Report 2016 - Respecting Human Rights
+60
Supply Chain Ethics
March 24
The company enforces a Supplier Code of Conduct that requires suppliers to adhere to labor and occupational health and safety standards, integrating human rights considerations into procurement agreements. However, the absence of explicit human rights clauses in significant investment agreements suggests there is room for improvement in embedding human rights imperatives across all contractual arrangements.
Sustainable Development Report 2016 - Respecting Human Rights
- JUN272012
A 2012 fact-finding report by PUDR uncovered significant labor issues at Ambuja Cements Private Ltd., including poor worker conditions and inadequate labor support. The investigation highlighted the struggles of workers amidst a broader narrative of industrial modernization that often neglects worker rights.
-50
Labor Relations and Human Rights Practices
March 24
The report details troubling labor conditions at Ambuja Cements, where workers faced poor living conditions and a lack of adequate support from management. This situation reflects broader systemic issues in labor relations and human rights practices, contributing negatively to the company's ethical responsibility. Such practices can be seen as indirectly supporting oppressive structures by undermining worker rights.
Working Against Odds: Condition of Workers in the Cement Industry in Chhattisgarh
Industries
- 327310
- Cement Manufacturing
- 327320
- Ready-Mix Concrete Manufacturing
- 327330
- Concrete Pipe, Brick, and Block Manufacturing