Connect with us

Economy & Market

Kerala builders to take up dealership

Published

on

Shares

Builders from Kerala are exploring new ways to tackle rising costs. The builders over here are looking at the option of opening up dealerships. Though poor in resource and industrially backward, the state backed by wads of expatriate currency has a thriving construction and building industry.

S Raghuchandran Nair, Secretary General of the State Chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI), said that cement manufacturers have been crying themselves hoarse over ‘imaginary losses’ in business. The losses they are referring to, if at all, were those made on profit and not on their business, he argues. The state has hardly any land left to build new industry, much less cement plants; it was therefore left to the builders to come up with what they described as the next best alternative – pool available resources together and set up own cement dealerships. Thus, if the Builders Association of India (BAI) could think of setting up cement plants, its Kerala fraternity is ready with a blueprint for acquiring dealerships. R Rajesh, Chairman of the Thiruvananthapuram Centre of the BAI, however, said that the dealerships are still at a proposal stage. The plan is to contract purchases in bulk from small-scale manufacturers and make available cement at reduced prices.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Concrete

Cement industry to gain from new infrastructure spending

Published

on

By

Shares

As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Continue Reading

Concrete

AI boom drives demand, says ACA

Published

on

By

Shares

The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Continue Reading

Concrete

GoldCrest Cement to build plant in India

Published

on

By

Shares

GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.

Continue Reading

Trending News