Concrete

Cement demand to outpace supply growth

Published

3 years ago

August 10, 2023

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Industry experts scheduled to converge for 14th Cement EXPO, India’s biggest cement event on Dec 14-15 in Delhi

The ongoing consolidation within the cement sector is poised to yield positive outcomes for the industry. The Ambuja-Sanghi deal itself was concluded at an adjusted enterprise value to tonne (EV/T) ratio of $70/tonne.

Projections suggest that the cement industry’s capacity will experience an incremental increase at a Compound Annual Growth Rate (CAGR) of 4.2 percent. In contrast, the demand for cement is expected to outpace this supply growth, with a projected CAGR of 8.2 percent. “Given the firmness in real estate trends coupled with the infrastructure outlay and execution speed, demand for cement will outpace the supply growth,” says Pratap Padode, Founder & President, FIRST Construction Council. FIRST Construction Council, in partnership with the 37-year-old Indian Cement Review, India’s only cement magazine, is set to orchestrate the highly anticipated 14th Cement EXPO. This landmark event is slated to transpire on December 14-15, 2023, at the prestigious Manekshaw Centre in Delhi. A convergence of industry pioneers, experts, and innovators, the 14th CEMENT EXPO aims to shape the future of the cement sector through collaboration, exchange of ideas, and visionary insights. A dedicated division of the Foundation of Infrastructure Research Studies Training (FIRST), a registered not-for-profit Trust under the Bombay Public Trust Act 1950, FIRST Construction Council has joined forces with India Cement Review to curate an event that stands as a beacon of progress within the industry. The 14th CEMENT EXPO enjoys the support and endorsement of esteemed bodies including the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Govt of India, National Highway Builder Federation, Federation of Industries, Ready Mixed Concrete Manufacturer’s Association, ISSE, and several others.

Guided by a Board of Governors consisting of luminaries and thought leaders, FIRST Construction Council brings together exceptional minds including:Architect Hafeez ContractorDK Sen, Director at L&TPradeep Singh, Former Vice Chairman & MD of IDFC ProjectsSumit Banerjee, Former Vice Chairman of Reliance InfrastructureSandeep Singh, Managing Director of Tata HitachiSanjay Seth, CEO of GRIHA Council & Executive Director of TERI

The 14th Cement EXPO is poised to be a monumental gathering, attracting over 1000 delegates from the cement industry across India and abroad. This event provides an inclusive platform for stakeholders to converge, fostering global connections with representatives from Nepal, Sri Lanka, GCC, Maldives, Singapore, and other international locales. A highlight of the event, the Indian Cement Review Awards, will pay tribute to individuals who have spearheaded transformative strides within the cement industry.

With a robust agenda featuring 8 illuminating Panel Discussions, featuring a distinguished lineup of more than 60 Speakers, and hosting over 100 Exhibitors, the 14th Cement EXPO promises to be an engaging, enlightening, and interactive forum. With an array of more than 12 Industry Awards and an anticipated audience of over 1500 participants, the event aspires to unite all stakeholders under one roof to deliberate on the industry’s trajectory. Recognized as a pivotal industry platform, the 14th Cement EXPO provides an opportunity for cement and concrete manufacturers, allied industries, equipment players, logistics experts, and cement consumers to collaboratively engage in solution-oriented discussions and collectively support the growth of both quality and quantity of cement in India.

For exhibition space booking call Sujoy: 86577 95881 or email at Sujoy.G@ASAPPinfoGlobal.com

For more information and to register for the event, please visit www.cementexpo.in.

About FIRST Construction Council: FIRST Construction Council, a transformative division of the Foundation of Infrastructure Research Studies Training (FIRST), operates as a dedicated catalyst for advancing innovation, growth, and sustainable development within the construction and infrastructure sector.

About India Cement Review: For over three decades, India Cement Review, a revered monthly magazine, has consistently provided valuable insights, analysis, and updates to industry professionals, establishing itself as a trusted source of knowledge within the cement sector.

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Concrete

JSW Cement Commissions 1 MTPA Unit in Rajasthan

Rajasthan grinding capacity rises to 3.50 MTPA after commissioning

Published

55 minutes ago

October 9, 2026

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JSW Cement has commissioned an additional 1 MTPA cement grinding unit in Nagaur, Rajasthan, taking the company’s total cement grinding capacity to 25.1 MTPA. The commissioning was announced on Tuesday, October 6.

The company said the new unit had increased the total cement grinding capacity at its Rajasthan plant to 3.50 MTPA. The expansion adds to JSW Cement’s production infrastructure as it continues to build capacity across its operating network.

The company’s total clinker manufacturing capacity, including capacity at its joint venture JSW Cement FZC, stands at 9.74 MTPA. Clinker is an intermediate material used in cement production, and its availability supports the company’s grinding operations.

JSW Cement is also pursuing a proposed merger of its listed subsidiary Shiva Cement with the company. The scheme, approved by the boards of the respective companies, involves issuing five fully paid-up JSW Cement equity shares for every 41 shares held by Shiva Cement shareholders other than JSW Cement.

The arrangement remains subject to shareholder and regulatory approvals. JSW Cement currently holds 66.23 per cent of Shiva Cement’s paid-up equity share capital, and the shares held by JSW Cement in the subsidiary will be cancelled under the proposal without any issue of JSW Cement shares against that holding.

The scheme has an appointed date of April 1, 2026, and the company has indicated that completion could take 12 to 14 months, depending on the receipt of approvals. These include clearances from stock exchanges, the Securities and Exchange Board of India, the National Company Law Tribunal and other applicable authorities, along with approvals from shareholders and creditors where required. JSW Cement shares closed at Rs. 113.15 on the BSE, up Rs. 2.05, or 1.85 per cent.

Concrete

Wonder Cement appoints Mahesh Singh as VP Corporate Brand Communication

Published

8 hours ago

October 9, 2026

admin

Singh brings 20+ years of brand and marketing experience, and will lead integrated corporate brand communication initiatives at Wonder Cement

New Delhi

Wonder Cement, a leading cement manufacturer, has appointed Mahesh Singh as Vice President – Corporate Brand Communication. In his new role, he will oversee corporate brand strategy and communication, including digital and performance marketing, public relations, trade, events, exhibitions, sports and experiential marketing.

Singh brings over two decades of experience across marketing and communications, with roles spanning the automotive industry, agencies and entrepreneurship. He spent more than a decade with Honda Motorcycle & Scooter India, working across integrated communication, media, digital, retail and consumer engagement. His stint also included helping build the company’s digital marketing capabilities.

He moved to dentsu X India as Vice President – Strategy & Planning, working across categories such as automotive, auto components, electric vehicles, FMCG, consumer electronics, BFSI, apparel and brand consulting. His responsibilities included media and marketing strategy, product launches, content, performance marketing and consumer activations.

Singh subsequently took an entrepreneurial route with Radiant Brands before joining Shriram Ltd (SPR Autotech) as Head – Marketing & Communications. There, his remit included brand and corporate strategy, communications, PR and ORM, retail identity, loyalty programmes and events.

At Wonder Cement, Singh will be responsible for bringing together the company’s corporate brand communication initiatives across digital, performance marketing, PR, trade, sports and experiential platforms. The role will focus on creating an integrated approach to communication across consumers, trade partners and other key stakeholders.

The appointment brings to Wonder Cement a marketer whose career has spanned the brand, agency and entrepreneurial sides of the communications ecosystem.

Wonder Cement, part of the RK Group, is a cement manufacturer with roots in Rajasthan and a focus on quality, trust and transparency. The company has grown to six manufacturing plants, and a cement capacity of 21.5 MTPA. With more than 2,000 employees and a network of over 5,000 dealers, its operations span manufacturing, distribution and customer engagement, with a focus on consistent product quality and efficient execution.

Concrete

JSW Cement commissions additional 1 MTPA grinding unit in Rajasthan

The Nagaur expansion takes JSW Cement’s total grinding capacity to 25.10 MTPA.

Published

1 day ago

October 8, 2026

admin

JSW Cement has commissioned an additional 1 million tonne per annum (MTPA) cement grinding unit at its Nagaur Integrated Plant in Rajasthan. The commissioning takes the company’s total cement grinding capacity to 25.10 MTPA.

JSW Cement’s total clinker manufacturing capacity, including its joint venture JSW Cement FZC, now stands at 9.74 MTPA.

The company began operations in North India in March 2026 with the Nagaur Integrated Plant, comprising a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit. With the latest expansion, the plant’s total grinding capacity has increased to 3.50 MTPA.

The additional capacity will cater to cement demand across Rajasthan, Haryana, Punjab and the National Capital Region (NCR). The expansion has been funded through a combination of equity and long-term debt.

During the quarter ended September 30, 2026, JSW Cement also commissioned an Alternate Fuel Handling System and a Waste Heat Recovery System (WHRS) at the Nagaur plant.

Nilesh Narwekar, CEO, JSW Cement, said the additional grinding capacity was a strategic priority for the company’s expansion in North India. He added that the Alternate Fuel Handling System and WHRS were expected to reduce production costs.