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Flowcrete India opens third office

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Flowcrete India announced the opening of its third office, which is based in the major construction hub of Delhi. The new office will provide increased support to the company?s North India business to continue the rapid growth it has been enjoying in the region.

The facility will be headed by Iqbal Afroz, Sales Manager for North India, under the direct management of Srinivasan Venkataraman, National Sales Manager of Flowcrete India. Having an office presence in Delhi brings the company closer to the vast swathes of applicators and consultants in the region and also means that Flowcrete is now better placed to compete for major projects in the Northern region of the country.

Flowcrete India also plans to open a regional warehouse solely for North India with administrative support provided by the Delhi office, giving the company a further competitive advantage over its rivals. The company hopes that the new office facility in Delhi will enable it to take advantage of further growth opportunities in the region and ensure a prosperous future for the company.

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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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