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Marching Ahead….

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Indian Cement Review takes the pleasure to bring to you this special "Silver Jubilee Issue", commemorating the completion of its 25 years of service. The theme of the issue is "Evolution to Revolution".It features various aspects of the industry – its inception, progress during the days of pricing and distribution controls, current status and what shape the industry will assume in coming years. Besides, the special guest articles from eminent and expert personalities graces the issue by providing immense in-depth insight on critical components that guide the industry. Roshan Wadhera, the Founder Editor, Indian Cement Review, takes us through the journey the magazine has taken over these 25 years, to become the most read and the only monthly magazine on the cement industry in India.A complete discussion held at the first ever "Round Table Conference" on 10th June makes an interesting read for all the players in the cement industry today. The discussion was largely on the supportive sectors that cater to the cement industry like, logistics, machinery supply, human resource availability and the industry’s own growth path in terms of capacity and demand drivers given the number of projects that are lined up for capacity building.The projects under implementation are slated to add about 238 million tonne of cement capacity over the next 4-5 years, which in itself will be a revolution since it took almost 20 years to set up similar capacity in the past. Most of these projects bank on the latent demand that will emerge from infrastructure build-up during the 12th Five Year Plan. The initial estimate pegs the spending at US$1 trillion during the five-year period beginning 2012-13. This will certainly unleash the demand from housing and industrial sector for cement. Thus, the possibility of per head consumption closing towards the global average of 425 kg is not far.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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