Concrete

CareEdge Ratings: India’s infrastructure needs collaborative efforts

Published

2 years ago

June 12, 2023

admin

CareEdge Ratings released a knowledge analysis on the dynamics of key infrastructure sub-sectors as part of its 30th anniversary celebrations. In the presence of Rajiv Bansal, IAS Secretary, Ministry of Civil Aviation of India, Nitin Gadkari, Minister of Road Transport and Highways, Government of India, launched the study titled “Infrastructure – Key Driver of India’s Amrit Kaal March.” The significance of infrastructure development is highlighted even more as Amrit Kaal’s India sets out on its path to equitable and sustainable growth. Through a variety of pathways, such as the generation of jobs, improved global competitiveness, FDI attraction, smooth economic integration, and improvement of
living conditions for the people, infrastructure investment has significant multiplier effects.

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India Cements launches a turnaround plan

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Shree Cement awarded 50Mt Chandarpur Mines

Concrete

Nuvoco Vistas expands with second RMX plant in Nagpur

Published

12 hours ago

March 17, 2025

Roshna

Nuvoco Vistas Corp has expanded its footprint in Maharashtra with the inauguration of its second Ready-Mix Concrete (RMX) plant in Nagpur. Strategically positioned on Kamptee Road, Nagpur-II enhances the company’s reach in key markets, reinforcing its commitment to delivering high-quality concrete solutions for industrial, commercial, and residential projects.
Located just 27 km from Nuvoco’s existing Nagpur-I Mihan plant, the new facility benefits from excellent connectivity via the Srinagar-Kanyakumari Highway, ensuring seamless access to Nagpur city, Koradi and Bhandara Road. Its proximity to key industrial areas like Panchgaon and Hingna further strengthens raw material supply, boosting operational efficiency.
With a production capacity of 90 Cum/hour, Nagpur-II features a Twin Shaft Mixer capable of producing a diverse range of concrete grades, including Nuvoco’s signature brands like XCON, CONCRETO, ECODURE, ARTISTE, and INSTAMIX.
Commenting on the launch, Prashant Jha, Chief of Ready-Mix Concrete at Nuvoco, said that Nagpur-II has strengthened their presence in Maharashtra, allowing them to meet growing construction demands with improved efficiency, faster deliveries, and enhanced support for large-scale infrastructure and commercial projects.

Concrete

Ramco Cements posts financial results

Published

12 hours ago

March 17, 2025

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Ramco Cements reported a 97 per cent decline in its third-quarter adjusted profit, impacted by lower cement prices. Profit before exceptional items and tax dropped to Rs.4.35 crore in the October-December period, down from Rs.135 crore a year ago. Revenue from cement operations fell 6 per cent to Rs.1,977 crore, missing analysts’ forecast of Rs.2,019 crore. The company recorded a Rs.329 crore one-time gain from asset sales and investments.

Concrete

JKLC posted net profit of Rs.59.64cr in Oct-Dec

Published

12 hours ago

March 17, 2025

Roshna

JK Lakshmi Cement (JKLC) reported lower profitability for Q3 FY25 due to reduced sales realisation. The company is expanding its grinding and clinker capacities, investing Rs.3,050 crore in projects across India. Sustainability initiatives include increasing TSR and using 48 per cent renewable power. JKLC won multiple awards for CSR, energy efficiency and environmental efforts. With government-led infrastructure growth, the cement sector’s outlook remains positive.

Image Source:www.jklakshmicement.com