Heidelberg Cement India Ltd.- With all boxes ticking, can it deliver?

Update from German Holding Company:-

1. German company Heidelberg Cement has changed its name to distance itself from its core product and focus on its sustainable materials and digital businesses.

2. Heidelberg Materials, as it will be called, says it will be the first company to offer carbon-free cement on large-scale projects by 2024. It also hopes to cut carbon emissions on under way projects by 10 million tonnes. By 2030, the aim is to generate half its revenue from low-carbon products.

3. The new brand will be immediately adopted by the core company and will be used by domestic and international subsidiaries from 2023 onwards. HeidelbergCement AG will remain the parent company.