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Concrete

We prioritise efficient management and optimisation

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Pralhad Mujumdar, President, RMC, Aggregates and Construction Chemicals, Infra.Market, focusses on minimising environmental impact by placing emphasis on efficient and optimal use of raw materials, resources, workforce, energy, time and money.

Tell us about the manufacturing capacity of your plants and their regional diversity.
The rated manufacturing capacity of our plants ranges from 60 to 120 cubic metres per hour, with a production efficiency exceeding 80 per cent. We are proud to have a total of 84 plants located throughout 50+ cities in India, ensuring to efficiently meet the demands of our customers across the country.

Tell us more about the concrete mix of various grades and qualities that are produced by your organisation.
Our company is dedicated to providing top-quality concrete mixes for a wide range of applications, ranging from M5 to M80. This comprehensive range of concrete mixes allows us to cater to the diverse needs of our clients and ensures to provide the perfect solution for each project.
Our value-added concrete solutions, specially designed to add strength, durability, and aesthetic appeal to structures can be used for a variety of applications, from foundation to ceiling, waterproofing, and architectural concrete solutions.
In addition to the standard mix options and value-added solutions, we offer tailor-made concrete mix that are specifically designed to suit the unique requirement of our customer. Our team of experts works closely with customers to understand their specific needs and challenges, and then develops customised and optimised concrete mix solutions.
Our commitment to quality and innovation has made us a trusted leader in the concrete industry, and we are proud to offer our clients an extensive range of high-quality concrete that is designed to meet their distinct needs and exceed their expectations.

What are the quality standards and control practices established by your organisation?
At Infra.Market, we take quality control and adherence to industry norms as our topmost priority. We ensure that all our concrete mix designs and practices are in line with IS norms and codes of practice. To meet particular requirements, we also adhere to international standards like American Society for Testing and Materials (ASTM) and British Standards (BS).
We conduct stringent quality checks on all incoming raw materials. Concrete trial mixes are also checked frequently in each plant to ensure high-quality output. Our technical team, including certified technologists and American Concrete Institute (ACI) qualified field technicians, ensures quality control throughout the production process. We ensure that every outgoing truck is thoroughly checked by a technical team for the fresh properties of concrete, ensuring that our customers receive consistent quality concrete. Regular education about on-site concrete handling is provided to customers. As a crucial part of our quality assurance process, we conduct cube casting at both the site and plant as per customer requirements and ensure transparency of strength and its durability. We have a National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited Innovation and Quality Assurance Centre to support quality control processes.
Our commitment to quality has made us a trusted partner for many of our customers.

Tell us about the role of automation and technology in your ready-mix concrete making process.
We prioritise efficient management and optimisation of manufacturing processes by fully integrating our production lines with ERP systems. We have developed an internal application platform, Phoenix, which enables simplification and transparency in our operations and promotes ease of doing business. Our commitment to rebuilding the future of construction through innovation and technology is reflected in our technology-focused strategy from customer onboarding to final delivery and invoicing. By staying at the forefront of technological advancements and embracing innovative solutions, we have been able to stay ahead of the curve.

How do you incorporate sustainability in concrete mixes? What initiatives have been taken by your organisation?
We prioritise the use of supplementary cementitious materials such as fly ash, ground granulated blast furnace slag (GGBS), rice husk ash, copper slag, recycled and green aggregates amongst others into our construction processes. These materials are known for their durability and sustainability and are used as substitutes for traditional raw materials. In addition, we have switched to using manufactured sand in place of natural river sand, demonstrating our commitment to eco-friendly construction practices. Through these measures, we aim to reduce the carbon footprint associated with the construction industry and contribute to a more sustainable future.

What are the major challenges faced by your organisation in manufacturing and delivering concrete mixes?
Despite the challenges posed by the unorganised construction sector and traffic restrictions that come along, we have been taking proactive steps to position ourselves for success. By expanding our footprint and increasing our reach, we are efficiently navigating the competitive landscape and attracting new customers. Moreover, one of our significant investments is in human resource recruitment and development that is paying off. We are building a talented and dedicated team that can deliver high quality work. By nurturing our employees and providing opportunities for growth, we are fostering a positive and supportive work environment that encourages creativity and innovation.
We are excited about the future and are confident that our commitment to excellence and innovation will continue to drive our success in the years to come.

How does the use of ready-mix concrete make construction a cost-efficient operation?
Our construction approach has several advantages that benefit both the project and the environment. By minimising inventory holding costs and wastages at the site level, we aim to reduce project duration and overheads. Our focus on speed of execution helps to further reduce project timelines, resulting in increased efficiency and cost savings.
Our commitment to reducing the overall carbon footprint involves incorporating the use of supplementary cementitious materials, which promotes sustainable construction practices, minimises waste, and contributes to our goal of environmental preservation. We place a strong emphasis on efficient and optimal use of raw materials, resources, workforce, energy, time and money. This allows us to deliver high quality work while reducing costs, minimising waste and increasing the durability of the structure, thus reducing repair and maintenance cost.
Overall, our approach is designed to deliver exceptional results while minimising our impact on the environment.

How do you ensure optimum delivery operations and on time delivery for your consumers?
Our company places great emphasis on efficient fleet management through effective use of technology. By implementing seamless ordering solutions and delivery and tracking systems, we provide a hassle-free experience for our customers, resulting in high levels of satisfaction. We place great importance on fuel management to operate in an environmentally responsible manner, reducing carbon emissions and maximising efficiency, which leads to significant cost savings.
With our commitment to efficient fleet management and technology, we provide exceptional service to our customers while minimising our environmental impact.

-Kanika Mathur

Concrete

JK Cement marks 140 years of innovation and leadership

JK is one of India’s leading manufacturers of Grey Cement in India

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JK Cement Ltd. a leading building material company, one of India’s leading manufacturers of Grey Cement in India and one of the largest White Cement manufacturers in the world, celebrated 140 years of JK Organisation’s remarkable legacy at a grand event in the capital. The event honoured the group’s rich history, its significant contributions to multiple sectors of the Indian economy, and the unwavering dedication of its employees and partners.

The celebration gathered dignitaries, industry leaders, employees, and key stakeholders to reflect on JK Organisation’s journey from its inception to its present status as a global leader. Lieutenant Governor of New Delhi, VK Saxena, who himself started his career at JK Cement, along with Rajeev Shukla, Member of Rajya Sabha, graced the occasion. Key leaders of the JK Organisation, including Dr. Nidhipati Singhania, Vice President, JK Organisation, Dr. Raghavpat Singhania, Managing Director, JK Cement, and Madhavkrishna Singhania, Joint MD and CEO, JK Cement, were present to mark this significant milestone.

CEO’s from various known business houses both Indian and Multinational companies across sectors graced the occasion.

Reflecting on the organization’s journey, Dr. Nidhipati Singhania, Vice President, JK Organisation, said, “As we celebrate 140 years of JK Organisation, we are filled with immense pride and gratitude for our legacy, which is rooted in values of innovation, quality, and service to the nation. Our journey has been as much about business success as about driving positive change in the communities and industries we serve. The milestones we have achieved reflect our continuous efforts in advancing India’s infrastructure and industrial landscape.”

One of the key highlights of the evening was the recognising the long-serving employees and partners who have dedicated decades to JKCement. Their enduring loyalty underscores JK Organisation’s foundational values of trust and collaboration, which have been pivotal to the organisation’s success.

Addressing the guests at the event, Dr. Raghavpat Singhania, Managing Director, JK Cement, said, “This year along with the 140 years milestone, also marks two significant milestones for us: 50 years of grey cement business and 40 years of white cement business, affirming our leadership in the industry. Our recent expansion into coal mining underscores our commitment to vertical integration and sustainable resource management. We are dedicated to not only adapting to the evolving landscape but also driving positive change and creating lasting value for all our stakeholders and the nation.”

Emphasising the company’s commitment to innovation and progress, Madhavkrishna Singhania, Joint MD and CEO, JK Cement, said, “Our journey has been marked by resilience, adaptability, and a constant drive to exceed expectations. We’re committed to leveraging cutting-edge technology and sustainable practices to not only maintain our market leadership but also to contribute significantly to India’s progress. The trust of our stakeholders and the dedication of our team members have been instrumental in our success, and they will continue to be the pillars of our future endeavors.”

The event celebrated JK Organisation’s visionary outlook, showcasing its commitment to sustainable growth, technological innovation, and its influential role in driving India’s economic advancement.

VK Saxena, Lieutenant Governor, New Delhi, who was invited as the Chief Guest said “It’s an honour for me to be part of this landmark celebration for a company where I started my career as an Assistant Officer in Gotan, Rajasthan and worked for 11 years in different capacities with its White Cement plant. This exposure gave me insights of a corporate working, faster decision making and team work, which has helped me throughout my various stints thereafter. I wish all the best to JK Cement for all their Future endeavors in Nation Building”

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Concrete

Steel Ministry Proposes Rs.23.52 Lakh Crore for Decarbonisation

Steel Ministry unveils massive decarbonisation plan.

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Decarbonisation Proposal:
The Steel Ministry has outlined a substantial Rs.23.52 lakh crore proposal aimed at decarbonising the steel industry. This initiative is part of the broader sustainability and environmental goals set by the Indian government.

Objective and Goals:
The primary objective of the proposal is to reduce carbon emissions significantly and enhance the environmental performance of the steel sector. This aligns with India’s commitment to climate action and green growth.

Investment Focus:
The proposal will channel funds into advanced technologies, energy-efficient processes, and renewable energy sources. Key areas of investment include electrification, hydrogen-based steelmaking, and carbon capture technologies.

Expected Benefits:
Implementing this plan is expected to lead to major reductions in carbon emissions, improve air quality, and contribute to sustainable development. It will also bolster India’s position as a global leader in green steel production.

Industry Impact:
The steel industry, being a major emitter of greenhouse gases, will undergo a transformation. This shift will require industry-wide adaptation and could influence global steel market trends.

Government Support:
The Indian government is committed to providing policy support, incentives, and regulatory frameworks to facilitate this transition. This includes subsidies for green technologies and research and development funding.

Timeline and Phases:
The implementation will be carried out in phases over the coming years. Short-term goals will focus on immediate emission reductions, while long-term goals will target more comprehensive technological advancements.

Stakeholder Involvement:
Collaboration with industry stakeholders, technology providers, and research institutions will be crucial. Engagement with local communities and environmental groups will also play a role in ensuring the success of the proposal.

Challenges:
The initiative may face challenges such as high costs, technological barriers, and regulatory hurdles. Addressing these challenges will be essential for the successful execution of the decarbonisation plan.

Future Outlook:
The proposal positions India as a key player in the global movement towards sustainable steel production. It sets a precedent for other sectors to follow and supports the country’s broader climate goals.

Conclusion:
The Steel Ministry’s proposal for a Rs.23.52 lakh crore decarbonisation plan represents a significant step towards reducing carbon emissions in the steel industry. With substantial investment in green technologies and strong government support, this initiative aims to drive sustainable growth and position India as a leader in environmental stewardship.

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Concrete

New home prices in China fall 5.3% in August 2024

New home prices were down 5.3% from a year earlier.

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Official data revealed that China’s new home prices had fallen at their fastest rate in over nine years in August, as supportive measures failed to induce a significant recovery in the property sector. The data showed that new home prices were down 5.3% compared to the previous year, marking the sharpest decline since May 2015, compared to a 4.9% drop in July, based on calculations by Reuters from National Bureau of Statistics (NBS) data. Monthly figures indicated that new home prices had fallen for the fourteenth consecutive month, decreasing by 0.7%, which was the same drop recorded in July.

The property market in China continues to struggle with deeply indebted developers, incomplete apartments, and declining buyer confidence, which is putting a strain on the financial system and threatening the 5% economic growth target for the year. A Reuters poll had forecast that home prices in China would decline by 8.5% in 2024 and by 3.9% in 2025 as the sector struggles to stabilise.

Zhang Dawei, chief analyst at property agency Centaline, mentioned that the property market is still gradually bottoming out, with home buyers’ demand, income, and confidence expected to take some time to recover. He noted that the market was anticipating a stronger policy response. According to the official data released on Saturday, property investment had fallen by 10.2% and home sales had dropped by 18.0% year-on-year in the first eight months of the year.

Chinese policymakers have stepped up efforts to support the property sector, including reducing mortgage rates and lowering home buying costs. These measures have partially revitalised demand in major cities, while smaller cities, which have fewer home purchase restrictions and high levels of unsold inventory, are particularly vulnerable. This situation underscores the difficulties faced by authorities in balancing demand and supply across different regions.

In a research note on Friday, Nomura indicated that with the growth slowdown worsening under new headwinds in the second half of the year, Beijing might eventually need to step in as the “builder of last resort” by directly providing funding to delayed residential projects that have already been pre-sold. According to Bloomberg News, China may cut interest rates on over $5 trillion in outstanding mortgages as early as this month.

To support these mortgage rate cuts, economists at ANZ suggested that a reduction in the five-year Loan Prime Rate was likely in September, along with a 20 basis point cut to the medium-term lending facility (MLF) and a 50 basis point cut to the reserve requirement ratio (RRR).

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