Concrete

Sanjay Ladiwala, Proprietor, Tandur & Shahabad Stone Co.

Published

13 years ago

October 31, 2012

admin

More than a century ago, in the year 1911, my forefathers started the company, Tandur & Shahabad Stone and now we are stockist of the major cement giant, UltraTech. The annual sale of the company is 100,000 tonne. Operating all over India, we enjoy great support from the cement firms. Holding the position of Chairman, Cement Stocks and Dealers Association, Mumbai, I feel cement dealers commonly face three main issues: The first issue is that the margins have remained unchanged since last five-six years, while the costs of the dealers have gone up substantially, so the cement companies need to hike margins. The second is the bad debts faced by the dealers. The builders and the infrastructure contractors fail to pay up bills of the dealers and these bad debts have adversely impacted the business of the dealers. The third issue pertains to the legal aspect concerning the recovery of dues from defaulters. In the cement trade, the documentation of transactions is not taken care of and most of the transactions happen verbally, recovering dues poses a major problem and since the verbal transaction cannot be proved in a court of law, the outstanding dues turn into bad debts.

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Concrete

UltraTech Cement boosts capacity with new clinker line

Published

3 weeks ago

April 21, 2025

admin

UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

3 weeks ago

April 21, 2025

Roshna

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

Image source:www.exchange4media.com

Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

3 weeks ago

April 21, 2025

admin

Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.