Usually in horror flicks, when a group is chased, they lock themselves in some random house. After that they latch the main door and shutter the windows. Just as everyone sighs in relief, they hear the backdoor break open and the floorboards creak. Often, when preoccupied with the task at hand, we overlook the obvious. It can happen when running an MNC too, like it seems to have happened at LafargeHolcim’s India business. They were busy securing their house while competition has been aggressively running amok.
ACC-Ambuja’s conservative approach has worked well, but now it might need to step out of its comfort zone
India’s second-biggest cement player has seen sticky growth, but competition has been far more aggressive