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Our business went down by as much as 50 per cent

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Sonal Traders, Ravindra Vishnu Admane. Proprietor We have been serving the Nagpur region and the western region of Maharashtra from the last ten years. We represent the Ambuja brand exclusively. One of the advantage of selling a well- known brand like Ambuja exclusively is that we don´t have to explain or convince our customers about the merits of this product. Also, we don´t require huge godowns as we have only one brand to stock . Managing the business too becomes easy. Customers get better service as we can focus on this aspect rather than wasting time on managing the business. The brand offers better marketing support through various channels which helps our business.

The year 2013, for most dealers in the country, was not a good business one. Our business went down by as much as 50 per cent. That is a big blow; we somehow managed to struggle and pull through. We are optimistic about 2014 but do not expect any drastic change coming soon. Probably the year 2015 will be a better one. Investors have moved away from the market, pulling out the money. They are becoming more and more risk averse.

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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