Economy & Market

Big business in the offing

Published

13 years ago

February 5, 2011

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The Rs 2,000-crore Indian cement plant and machinery industry is poised for a big leap in the coming years as cement projects entailing an investment of Rs 135,000 crore are in the pipeline. These projects will bring in 480 million tonne of cement capacity in the next four years. As of end-April 2011, there are 102 cement projects under implementation entailing an aggregate capacity of 183 million tonne. The total investment envisaged in these projects is Rs 70,200 crore. Another 240 projects have been announced by various companies and are under implementation with a total capacity of 480 million tonne envisaging an investment of Rs 131,000 crore. Even if half of these intentions are implemented, the total investment works out to about Rs 130,000 crore over the next 3-4 years. This implies demand for plant and machinery of around Rs 30,000 crore per annum during the project implementation period.

Currently, there are only six major suppliers of complete cement plant machinery in the organised sector. They together have an installed capacity of around Rs 600 crore per annum and are fully capable of meeting the domestic demand. Including the unorganised sector, the production of cement machinery is estimated at Rs 2,000 crore for 2010.

This industry is de-licensed and foreign direct investment (FDI) of up to 100 per cent, under automatic route as well as technology collaboration, is allowed free. Import of old and new machinery too is allowed free. However, the industry has made no significant progress in importing or exporting cement plants in the past five years.

Plant and machinery gross block of 23 cement majors aggregated Rs 44,000 crore as of March 2011. This was Rs 4,000 crore higher than the gross block of March 2010. Thus, these cement companies have added plant and machinery worth Rs 4,000 crore during the year, over and above Rs 6,100 crore worth of addition in 2009-10. Plant and machinery assets of these companies had jumped Rs 6,500 crore in the year ending March 2009. In 2010-11, cement majors, ACC and Ambuja Cements added close to Rs 2,000 crore worth of plants and machinery, implying a major leap for cement machinery suppliers.

Concrete

Sustainable solutions by Ambuja Cement, ACC

Published

3 days ago

December 4, 2023

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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.

Concrete

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

Published

3 days ago

December 4, 2023

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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.

Concrete

Udaipur Cement Works Limited doubles its clinker capacity

Published

3 days ago

December 4, 2023

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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.