Economy & Market

Real estate business is really slow

Published

11 years ago

July 31, 2015

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– Jaydeep Kulkarni, Proprietor, Atharva Enterprises
When I started the dealership in 2002, there were only 3-4 brands, which has gone up to 15 now. On cement price, right now the pressure is on companies to maintain prices. In the last 15 years, there has been nominal increase in the price of cement compared to other items of construction, though the companies are trying hard to increase the price. Today, the product is not sold merely on brand name, one has to really work hard for selling his product. Companies like Bharathi, ACC, Ambuja, etc are very aggressive in the market. They carefully listen, accept our suggestions, come out with good schemes. I cover Nashik city and some part of the outskirts. My monthly sale is 1,500 tonne. I also sell cement in non-trade market and my share is around 25 per cent. About 40 per cent of my sale is to retailers, in which 25 per cent is over my own counter. The volume of business has not increased as compared to last year. Real estate business is very slow. Particularly at Nashik, builders are finding it tough to continue with projects they announced earlier. We are eagerly waiting for GST to be rolled out. It will be easy to deal with the companies located outside the state once GST is in place. I think the quantum taxation will go down, especially when we procure cement from outside the state.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

2 days ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

2 days ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

2 days ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.