Adani and Aditya Birla groups to clash in wires & cable industry

This Tuesday the president of the board of directors of Codelco, Máximo Pacheco, met with the president of the Adani Group, Gautam Adani, in an instance qualified as an “opportunity” to expand the relations of the mining company. This instance takes place in the midst of the State visit led by President Gabriel Boric, a presidential tour that contemplates various conversations in order to attract Indian investment. The Adani Group is a diversifi…

Adani and Aditya Birla groups to clash in wires & cable industry

New Delhi: After cement, Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month, both groups, who have been fiercely competing in the cement sector leaving smaller players way behind, announced their entry into the wires and cables segment, which is dominated largely by unorga…