India Cements is offloading its industrial chemicals business to Mirai for ₹98 crore, marking a strategic shift as the company refocuses on its core operations. The deal signals a streamlining move, possibly to cut debt or sharpen its market focus.

Editor’s Note: This isn’t just a routine sale—it’s a pivot. India Cements is likely shedding non-core assets to shore up finances or double down on cement, its bread and butter. For Mirai, it’s a chance to expand its footprint in chemicals. Investors will watch how this plays into India Cements’ long-term strategy, especially in a competitive construction market.