Connect with us

Economy & Market

Tilak Samant of R H Samant & Sons Pvt Ltd

Published

on

Tilak Samant of R H Samant & Sons Pvt Ltd has been in the cement industry as a dealer since 1983. Samant started as a distributor for Larsen & Toubro and now stocks Gujarat Ambuja Cement. The company supplies stocks to retailers, contractors and small builder. "The company trades in PPC grade Gujarat Ambuja Cement," said Samant. He gave a detailed explanation of how volatility in cement prices affects the dealers saying, "Take the case of 2011, since January till today there has been an increase of nearly Rs 50 per bag. Comparatively, our investment also increases. Besides, when the company announces a rate increase say from February 28, 2011 onwards all the materials(cements) dispatched from February 28 are billed by the new rate that is prevalent at that time, even if the booking was done a week ago. This increase in price has to be bear by us as the client is unable to understand about this. The company sells approximately 1,000 to 1,300 MT cement per month." On improving the sales, Samant said, "Sales can only be improved by personal relations. The industry is growing and the need for cement is also on the rise, so consumption of cement will increase.” When asked about the various benefits provided by the manufacturers, Samant replied "The manufacturers offer various schemes for the retailers to increase sales. This acts a moral booster for us and helps us." He is satisfied with the packaging and said that Ambuja Cements sells cement in paper bags, which is of good quality. R H Samant & Sons has tie-up for finance with banks. "We are having a cash credit account with our bank and we pay 14 per cent rate of interest," said Samant. Like all, Samant did have high expectation from Budget. But increase in price after the Budget turned out to be a big disappointment. Tilak Samant is a member of Cement Stockists & Dealers Association of Bombay.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

Sustainable solutions by Ambuja Cement, ACC

Published

on

By

Ambuja Cement and ACC the cement and building material companies of the diversified Adani Group announced solutions to an array of customer concerns while keeping environment sustainability at its core. Examples of this are the concrete mix proportioning solution; designed to optimise the proportions of aggregates, sand and water in concrete mixes considering their unique properties. This helps the company optimise the resources thereby minimising wastage. The company also developed an in-house modular curing solution, also known as zero-water curing. This technique helps concrete slab curing without excessive use of water. This has helped save about 39 million litres of water across multiple sites.

Continue Reading

Concrete

Fornnax adds 430HP secondary shredder to it’s R-series line-up

Published

on

By

Fornnax technologies showcased the R4000-HD tyre shredder at the IFAT expo 2023, where the company got a platform to interact with industry professionals from domestic as well as overseas markets and demonstrate the technological prowess of their machine. The R4000-HD is a powerful machine designed to make secondary shredding and steel separation more efficient and profitable.
The machine saves electricity and man-power and due to its design features it is built to make maintenance procedures easier and also lower the wear and tear to the equipment, thus lowering operating cost. It can process various materials from types, cables, e-waste and aluminium scrap. It is built to last 20-25years. With all its features and sturdy built, it is one of the most powerful secondary shredding machines in the industry.

Continue Reading

Concrete

Udaipur Cement Works Limited doubles its clinker capacity

Published

on

By

A subsidiary of the well known JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL) recently announced the expansion of its clinker facility taking its current capacity from 1.5MTPA to 3 MTPA at Udaipur. The company, by the end of financial year 2023-24, plans to exceed twice the current capacity from 2.2 MTPA to 4.7 MTPA. The capacity expansion has been funded through a mix of equity and debt; the company recently successfully completed its rights issue of INR 450 crores.
They have two brands under their portfolio ‘Platinum Heavy Duty Cement’ and ‘Platinum Supremo Cement’.
Also known for their commitment to renewable energy and environment sustainability, they have the first and only of it’s kind floating solar power plant of 1MWp at it’s mines, fulfilling 50% of their electricity needs.

Continue Reading

Trending News

© COPYRIGHT 2021 ASAPP Info Global Services Pvt. Ltd. All Right Reserved.

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds