Connect with us

Economy & Market

Cement demand may rise by up to 6% on govt’s mega infra push

Published

on

Shares

As India seeks to build infrastructure that can undergird its ambitions of expanding into a $5-trillion economy by the middle of this decade, consumption of cement is set to increase by up to 6 per cent immediately in the country which is the world’s second biggest market for the primary building material.

The Centre’s proposal to invest Rs 102 lakh crore to build ports, airports, motorways or irrigation canals is expected to drive demand for the commodity, of which India is also the world’s second-biggest producer after China but trails the global average in per capita consumption. The lack of adequate investment in infrastructure has also been blamed for the broader economic slowdown, causing capacities to idle and factory expansion budgets to dwindle.

"The government’s infrastructure investment plan will boost the cement sector’s demand by 5-6 per cent. The housing-for-all scheme is also about to gather momentum," said Binod Modi, senior research analyst, Reliance Securities.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

on

By

Shares

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.

Continue Reading

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

on

By

Shares

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.

Continue Reading

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

on

By

Shares

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.

Continue Reading

Video Thumbnail
â–¶

    SIGN-UP FOR OUR GENERAL NEWSLETTER


    Trending News

    SUBSCRIBE TO THE NEWSLETTER

     

    Don't miss out on valuable insights and opportunities to connect with like minded professionals.

     


      This will close in 0 seconds