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Delayed sowing, a concern

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Despite near normal monsoon, delayed sowing in several important crops could affect food grain output for the fiscal, affecting rural incomes.
The progress of monsoon across the country has been near normal over the period since June 1, 2018 up to July 25, 2018, with the weighted average cumulative rainfall was just 3 per cent short of the normal rainfall, while the margin of error is pegged at 5 per cent. However, the worry is slow progress in sowing in a lot of kharif crops, which was pegged at 9 per cent lower compared to the previous year. If sowing fails to pick up pace in the remaining part of the season, demand growth for cement may get affected, particularly in rural areas.
Major crops like rice, pulses like pigeon pea (tur dal) and black gram (urad dal), groundnut and cotton reported over 10 per cent lower acreage during the current year compared to the same period the previous year. ‘A spell of excess rainfall in the Karnataka region had turned out to be worrisome for the coffee planters there. The Kharif acreage this season has been improving for the oilseeds. Owing to deficient rainfall in the eastern regions area, where pulses are sown have been affected,’ Madan Sabnavis, Chief Economist, CARE Ratings said in a recent report.


The progress of monsoon has been satisfactory in the western, central, southern and north west regions of the country till July 25, 2018, with some regions in Rajasthan, Maharashtra and Goa and Kerala, reporting excess rainfall. However, some eastern and northern regions, including Delhi, East UP, Bihar, Jharkhand, Gangetic West Bengal and North East regions, continue to reel under deficient rainfall.
In terms of number of regions, out of 36 regions overall, just 3 regions reported deficient rainfall. And none of the regions fall under large deficient rainfall and no rain category.
Acreage for pulses is down by around 17 per cent compared with last year. Area sown for pigeon pea has fallen by 28 per cent.
Sowing for groundnut is a concern as its acreage has been lower by 21 per cent this year, while soya acreage rose by 10 per cent. ‘With the western regions of Gujarat and Rajasthan recording a normal monsoon (last week), a higher acreage for major oilseeds grown in the region can be anticipated.’ Sabnavis says. Sugarcane continues to have the highest acreage amongst the very few crops that have had a positive acreage this season. -BS SRINIVASALU REDDY

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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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/

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