Concrete

How Technology Helps Building Materials

Published

2 years ago

May 10, 2023

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Vishal Kanodia, Managing Director, Kanodia Cement, explains the role technology plays in making the building material segment more sustainable.

In today’s world, sustainability has become a key concern for businesses across all sectors. The building material segment is no exception. With the rapid pace of urbanisation and the increasing demand for housing, commercial complex and infrastructure segments, it is high time for the construction industry to look for alternative, sustainable building materials that can meet the growing demand for construction without degrading the environment.
The good news is that technology has the potential to play a significant role in making the building material segment more sustainable. Let’s explore how different technological elements can help us achieve this goal.

Traditional Technology Elements
Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Transportation Management Systems (TMS) and Enterprise Reporting have been around for a while and are widely used in the building material industry. These technologies help in streamlining operations, improving customer engagement, better feedback from the last mile customers and providing real-time visibility into business processes, which ultimately augment customer satisfaction.
Industry 3.0, which refers to the third wave of the industrial revolution that started in the 1960s, brought about the automation of production processes. It enabled the industry to produce goods at scale, reducing production costs and increasing efficiency. While Industry 3.0 technologies are still prevalent, it is time for the building material segment to embrace newer technologies that can help them become more cost effective and sustainable.

Green Building and Sustainability
The use of alternative sustainable building materials is one way to make the industry more sustainable. Technologies such as modular building design and precast construction can help in the faster construction of buildings while reducing the wastage of materials. The use of renewable energy, such as solar panels, can reduce the dependence on non-renewable sources of energy.
Carbon credits, wastewater treatment and reuse of water and material reuse are some other sustainability initiatives that can be taken up by the building material industry.

Digital Disruption
Digital commerce, big data analytics, artificial intelligence (AI) and machine learning are some of the newer technologies that can disrupt the building material industry. They can help in the optimisation of production processes, reduce energy and water consumption and enable the industry to produce goods at scale with minimal human intervention.
Industry 4.0, which is the fourth wave of the industrial revolution, refers to the integration of technologies such as AI, machine learning and the Internet of Things (IoT) to create smart factories. These factories can operate with minimal human intervention and can optimise production processes based on real-time data.

Smart Supply Chain
A smart supply chain can enable the building material industry to optimise logistics and reduce the wastage of materials. Technologies such as autonomous mobile robots (AMR), indoor drones, and visual AI can help in the automation of material handling and warehouse operations. IoT-based asset tracking can provide real-time visibility into the location of materials, enabling better inventory management.
Smart last-mile logistics can enable the industry to enhance the transportation of goods to their final destination. Technologies such as vehicle telemetry, geo-fencing, and drones can help in the optimisation of last-mile delivery.

What Lies Ahead
The building material industry is at a crossroads. The industry needs to embrace newer, sustainable technologies that can enable it to produce goods at scale without degrading the environment.
With the help of technologies such as AI,machine learning, and the IoT, the industry can optimise production processes, reduce energy and water consumption and automated material handling and warehouse operations. The role of technology in the sustainability of building materials is significant and has played a crucial role in reducing the environmental impact of the building materials segment.
However, it is not just about using technology to scale up the supply chain and manufacturing processes. The use of technology in the sustainability of building materials also involves the use of green building materials and renewable energy sources.
Alternative sustainable building materials such as bamboo, straw bale and recycled plastic are becoming more popular due to their low environmental impact and their ability to reduce energy consumption. Moreover, the use of renewable energy sources such as solar power, wind power, and geothermal energy has become more common, as it helps reduce the reliance on non-renewable energy sources. The use of green building materials, renewable energy sources, carbon credits and digital disruption has helped companies reduce waste, optimise resource usage and lower their carbon footprint, leading to a more sustainable future. As technology continues to evolve, we can expect to see even more innovative solutions that will help the building materials segment become even more sustainable.

ABOUT THE AUTHOR
Vishal Kanodia is the Managing Director of Kanodia Cement. He has a rich experience in the cement manufacturing industry and a leadership flair.

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Jefferies’ Optimism Fuels Cement Stock Rally

The industry is aiming price hikes of Rs 10-15 per bag in December.

Published

3 weeks ago

December 4, 2024

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Cement stocks surged over 5% on Monday, driven by Jefferies’ positive outlook on demand recovery, supported by increased government capital expenditure and favourable price trends.

JK Cement led the rally with a 5.3% jump, while UltraTech Cement rose 3.82%, making it the top performer on the Nifty 50. Dalmia Bharat and Grasim Industries gained over 3% each, with Shree Cement and Ambuja Cement adding 2.77% and 1.32%, respectively.

“Cement stocks have been consolidating without significant upward movement for over a year,” noted Vikas Jain, head of research at Reliance Securities. “The Jefferies report with positive price feedback prompted a revaluation of these stocks today.”

According to Jefferies, cement prices were stable in November, with earlier declines bottoming out. The industry is now targeting price hikes of Rs 10-15 per bag in December.

The brokerage highlighted moderate demand growth in October and November, with recovery expected to strengthen in the fourth quarter, supported by a revival in government infrastructure spending.
Analysts are optimistic about a stronger recovery in the latter half of FY25, driven by anticipated increases in government investments in infrastructure projects.
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Steel Ministry Proposes 25% Safeguard Duty on Steel Imports

The duty aims to counter the impact of rising low-cost steel imports.

Published

3 weeks ago

December 4, 2024

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The Ministry of Steel has proposed a 25% safeguard duty on certain steel imports to address concerns raised by domestic producers. The proposal emerged during a meeting between Union Steel Minister H.D. Kumaraswamy and Commerce and Industry Minister Piyush Goyal in New Delhi, attended by senior officials and executives from leading steel companies like SAIL, Tata Steel, JSW Steel, and AMNS India.

Following the meeting, Goyal highlighted on X the importance of steel and metallurgical coke industries in India’s development, emphasising discussions on boosting production, improving quality, and enhancing global competitiveness. Kumaraswamy echoed the sentiment, pledging collaboration between ministries to create a business-friendly environment for domestic steelmakers.

The safeguard duty proposal aims to counter the impact of rising low-cost steel imports, particularly from free trade agreement (FTA) nations. Steel Secretary Sandeep Poundrik noted that 62% of steel imports currently enter at zero duty under FTAs, with imports rising to 5.51 million tonnes (MT) during April-September 2024-25, compared to 3.66 MT in the same period last year. Imports from China surged significantly, reaching 1.85 MT, up from 1.02 MT a year ago.

Industry experts, including think tank GTRI, have raised concerns about FTAs, highlighting cases where foreign producers partner with Indian firms to re-import steel at concessional rates. GTRI founder Ajay Srivastava also pointed to challenges like port delays and regulatory hurdles, which strain over 10,000 steel user units in India.

The government’s proposal reflects its commitment to supporting the domestic steel industry while addressing trade imbalances and promoting a self-reliant manufacturing sector.

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India Imposes Anti-Dumping Duty on Solar Panel Aluminium Frames

Move boosts domestic aluminium industry, curbs low-cost imports

Published

3 weeks ago

December 4, 2024

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The Indian government has introduced anti-dumping duties on anodized aluminium frames for solar panels and modules imported from China, a move hailed by the Aluminium Association of India (AAI) as a significant step toward fostering a self-reliant aluminium sector.

The duties, effective for five years, aim to counter the influx of low-cost imports that have hindered domestic manufacturing. According to the Ministry of Finance, Chinese dumping has limited India’s ability to develop local production capabilities.

Ahead of Budget 2025, the aluminium industry has urged the government to introduce stronger trade protections. Key demands include raising import duties on primary and downstream aluminium products from 7.5% to 10% and imposing a uniform 7.5% duty on aluminium scrap to curb the influx of low-quality imports.

India’s heavy reliance on aluminium imports, which now account for 54% of the country’s demand, has resulted in an annual foreign exchange outflow of Rupees 562.91 billion. Scrap imports, doubling over the last decade, have surged to 1,825 KT in FY25, primarily sourced from China, the Middle East, the US, and the UK.

The AAI noted that while advanced economies like the US and China impose strict tariffs and restrictions to protect their aluminium industries, India has become the largest importer of aluminium scrap globally. This trend undermines local producers, who are urging robust measures to enhance the domestic aluminium ecosystem.

With India’s aluminium demand projected to reach 10 million tonnes by 2030, industry leaders emphasize the need for stronger policies to support local production and drive investments in capacity expansion. The anti-dumping duties on solar panel components, they say, are a vital first step in building a sustainable and competitive aluminium sector.