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The Who´s Who in the world of concrete come down to India

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ICACI had organised a two-day event on December 18th and 19th, 2015, to commemorate Late RN Raikar, who had during his lifetime consistently striven to honour persons of Indian origin making exemplary contributions to the field of concrete. In this second edition, the conference felicitated two concrete stalwarts – Prof Nemkumar Banthia and Prof P A Muhammed Basheer by organizing the Banthia-Basheer International Symposium during the two-day concrete event.

In December 2015, engineers, scientists, professors, students, government officials, and industry leaders thronged the Majestic Hall of The Lalit, Mumbai, as the 2nd edition of the R N Raikar Memorial International Conference mesmerised an audience of over 600-plus technocrats from around 30 nations, including host country India.

Some of the countries participating in the event included the USA, Canada and Mexico from the Americas, the UK, Italy, France, Spain, Norway, the Netherlands and Turkey from Europe; UAE, Israel and Oman from the Middle East; Egypt from Africa; India, Bangladesh, Nepal from the Indian subcontinent; and Korea, Singapore, China, Thailand, Australia and Japan from the Far East.

Prof Banthia has actively pursued research in the areas of cement-based and polymer-based fibre-reinforced composites. He has developed a number of novel fibres for concrete and shotcrete reinforcement that are now being used in numerous large projects around the world. Prof Basheer is most known for his seminal research on concrete materials. His patents have been successfully utilised worldwide by two spin-out companies. Both experts were felicitated for their contribution to education, research and technology transfer in the field of concrete and concrete structures. The R N Raikar Memorial International Conference and the Banthia-Basheer International Symposium on Concrete Technology was organised by the India Chapter of American Concrete Institute (ICACI) and sponsored by the parent body, the American Concrete Institute (ACI). It had widespread appeal with top institutions too lending their support such as the Institute of Concrete Technology, London; Asian Concrete Foundation; Instituto Mexicano del Cemento y del Concreto, Mexico; Leeds University UK; Japan Concrete Institute; Korea Concrete Institute; International Union of Laboratories & Experts in Construction Materials, Systems and Structures, France; Federation of Indian Chambers of Commerce & Industry (FICCI); Builders Association of India; Indian Concrete Institute; and Institute for Research, Development and Training of Construction Trade and Management, Bangalore.

Conference Chair Dr Surendra Manjrekar noted: "Indian leadership in cement and construction industry is crucial for global sustainable development. Thus the creation of this ?Expressway? of knowledge transfer assumes great importance. All our international delegates are essentially ?technocrat ambassadors? of their respective countries, and together we are creating an information pool to be handed over to our respective government bodies and private nation-builders as a ready reckoner to assist in policy making."

ICACI constituted an International Scientific Committee to vet the technical papers for the conference document. In a first, ICACI also set up a separate international editorial board to evaluate technical submissions by various participating countries, including India, for inclusion in the international journals of Construction & Building Materials (UK) and Cement and Concrete Research (USA).

ICACI President Pankaj Shah said: "The biennial R N Raikar Memorial International Conference gets bigger and better with every new edition. If in 2013 we were delighted by the response the conference generated in its debut edition, in this edition we are simply overwhelmed by the unprecedented levels of participation from all sections of the concrete world. There has been a very big representation of the student and young engineering community this time, signalling their robust intent to harness today?s technological advances for tomorrow?s gain."

Since the successful conclusion of the conference, ICACI has been continuously receiving compliments. Talal Mohammed Al Azri from the Sultanate of Oman stated: "The Oman delegation is thankful to ICACI for giving us an opportunity to participate in a conference of such importance and international representation. In conclusion I would like to say that our delegation found this conference to be much better than other international conferences."

Prof Alejandro Dur?n-Herrera, Director, Board of Direction, ACI, noted: "I congratulate the entire ICACI team for the successful implementation of the R N Raikar Memorial International Conference and Banthia-Basheer International Symposium on Concrete Technology. The conference had three sessions running in parallel, a testimony to the importance given by both speakers and audiences to this event.

Prof John Bolander from the Department of Civil & Environmental Engineering, University of California added: "The second edition of the R N Raikar Memorial International Conference was a grand success and a tremendous experience for me. On a personal note, this was my first visit to India and I thoroughly enjoyed it." Michael Grantham, President of the Institute of Concrete Technology, UK, said, "I offer my heartfelt appreciation to the ICACI team for the seamless arrangements and the wonderful hospitality it showed me and all the international visitors to the conference. I will most certainly be returning to India for another visit and have bookmarked your next conference as a ?must visit?."

ACI was founded in 1904 as a non-profit membership organisation dedicated to public service. It gathers and distributes information on the improvement of design, construction and maintenance of concrete products and structures.

Its India Chapter (ICACI) is in its 37th year. Raikar was one of the founding members of the India Chapter.

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Concrete

Cement Makers’ Margins To Fall Rs 50-75 Per Tonne Amid West Asia Conflict

Crisil Sees Margins Easing Despite Steady Demand

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Crisil said operating margins of Indian cement manufacturers are expected to decline by Rs 50-75 per tonne (t) this fiscal to Rs 925-950 per t due to higher input costs triggered by the West Asia conflict. The analysis covered 18 cement companies accounting for nearly 90 per cent of India’s domestic cement capacity and noted margins had improved sharply to around Rs 1,000 per t in fiscal 2026.

Crisil noted that the reduction would be driven mainly by higher power and fuel costs, which account for about 30 per cent of total costs, as petcoke and imported coal prices have surged amid geopolitical uncertainties. Freight costs, which account for about a quarter of total costs, are also expected to remain elevated because of higher diesel prices. The impact on profitability is likely to be more pronounced in the first half of the fiscal year before easing commodity prices moderate cost pressures later.

The rating agency said steady domestic demand and strong balance sheets should keep credit profiles stable despite the moderation in margins. Green energy currently accounts for 35-40 per cent of the sector’s total electricity consumption and is expected to partly cushion higher energy costs. Operating cash flows are likely to remain resilient, supported by projected 6-7 per cent growth in cement demand this fiscal.

Crisil highlighted that demand growth will be driven primarily by infrastructure spending, which meets about one-third of sector consumption, and by a nearly 18 per cent higher budgetary allocation for core ministries that should support project execution. Weaker rural housing demand amid pressure on agricultural incomes from a possible below-average monsoon may be offset by improved urban housing demand supported by favourable home-loan rates and a strong pipeline of Pradhan Mantri Awas Yojana-Urban projects. Ongoing capacity additions will keep capital expenditure elevated and may lift net debt to EBITDA to between 1.2 and 1.4 times from around 1.0 time last fiscal, though ratios are expected to remain healthy.

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Concrete

UltraTech Board Approves Rs 50 bn Fundraise Via NCDs

Company to issue half a million debentures for expansion plan

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UltraTech Cement’s board of directors has approved raising Rs 5,000 crore (Rs 50 bn) through non?convertible debentures issued in rupees.

The finance committee cleared a proposal to issue up to 500,000 fully paid, unsecured, listed, rated, redeemable, rupee?denominated, non?convertible, non?cumulative debentures of Rs 1 lakh each (Rs 0.1 mn each), aggregating to the Rs 5,000 crore programme.

As of June 2026 the firm reported net debt of Rs 15,875 crore (Rs 158.75 bn) and said its capacity expansion projects under execution are backed by capital expenditure of about Rs 17,000 crore (Rs 170 bn) over the next two to two?and?a?half years.

UltraTech spent Rs 9,500 crore (Rs 95 bn) on capital expenditure in financial year 2026 and in April the group crossed 200.1 mn tonnes per annum of domestic grey cement capacity and 205.5 mn tonnes per annum of global capacity.

The chief financial officer indicated the company would take consolidated capacity beyond 242 mn tonnes per annum, with grey cement capacity reaching 212.7 mn tonnes per annum by the end of financial year 2027. He noted the net debt?to?earnings before interest, taxes, depreciation and amortisation ratio stood at 0.87 times as of June 2026 and the company was confident of ending financial year 2027 with the ratio below one time.

In the first quarter of financial year 2026?27 UltraTech’s net profit attributable to owners rose 16.8 per cent year?on?year to Rs 2,599.3 crore (Rs 25.993 bn) and revenue from operations increased 15.9 per cent to Rs 24,648.20 crore (Rs 246.482 bn). The board approval is expected to complement internal cash flows as the company advances its expansion programme.

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Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

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Andhra Pradesh Education and IT Minister Nara Lokesh on Wednesday laid the foundation stone for the Line-2 expansion of Dalmia Bharat Cement at Chinnakomerla village in Mylavaram Mandal in Kadapa district. The project carries an investment of Rs 31 billion (bn) and is slated for completion by the third quarter of the financial year 2028. The expansion is intended to boost industrial growth and employment generation across the Rayalaseema region.

Once commissioned, the Kadapa facility will become Dalmia Bharat’s largest integrated cement manufacturing ecosystem in southern India, creating over 1,000 direct and indirect jobs and opening new business avenues for regional micro, small and medium enterprises and transport operators. Lokesh said the expansion signalled growing corporate confidence in the state and reflected the practical ease of doing business that secured repeat investment.

He placed the project within the government’s wider economic targets and recalled the Yuvagalam padayatra commitment to generate two million (mn) jobs within five years, noting that the state would cultivate talent while industry created opportunities. Lokesh highlighted Andhra Pradesh’s competitive pursuit of major manufacturing accounts, mentioning past successes and a personal initiative to engage global investors when persuading them to anchor expansion in the state.

The plant will leverage Kadapa’s abundant limestone reserves to scale production and sustainability. Clinker capacity is planned to rise from two point five million tonnes per annum (mn tpa) to six point one mn tpa, while overall cement output will increase from three point six mn tpa to nine point six mn tpa. The unit is designed to operate on over eighty per cent renewable energy and deploy waste heat recovery, zero liquid discharge, water recycling and advanced AI systems to optimise efficiency. Industries Minister TG Bharat, BC Welfare Minister S. Savitha and Jammalamadugu MLA C. Adinarayana Reddy attended the ceremony.

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