Concrete

Jury selects Indian Cement Review award winners; Awards to be presented at Cement EXPO 2023

Published

3 years ago

October 27, 2023

admin

Unveiling Future Tech Innovations

The Jury selected the winners of Indian Cement Review’s “Person of the Year”, “Lifetime Achievement Award” and “Fastest Growing Cement Companies” awardsICR award winners will be felicitated at the 14th Edition of Cement EXPO, India’s leading exhibition for the entire cement industry ecosystem that will be held from December 14-15, 2023, at Manekshaw Center, New Delhi.

Mumbai
The Jury – comprising head honchos of the infrastructure, construction and cement industries – met recently at Shangri La hotel in New Delhi to deliberate on and select the winners of the 7th Indian Cement Review (ICR) Awards. The awards are given for the fastest growing cement companies and stalwarts (under “Person of the Year” and “Lifetime Achievement” categories) for their contribution in the cement industry. ICR award winners will be felicitated at the 14th Edition of Cement EXPO, India’s leading exhibition for the entire cement industry ecosystem that will be held from December 14-15, 2023, at Manekshaw Center, New Delhi.

FIRST Construction Council (an infrastructure think tank) and Indian Cement Review, India’s leading cement publication that has been serving the industry for the last 38 years, are the organisers of the Cement EXPO and ICR Awards & Conference.

This year’s Jury for selecting ICR awards included prominent personalities like Debobroto Banerjee (Director & CEO, EWAC Alloys Ltd); Sumit Banerjee (Former Vice Chairman, Reliance Infrastructure, & Board of Governor, FIRST Construction Council); Dr LP Singh (Director General, NCCBM); KK Taparia (Advisor at Vadraj Cement); Dr Jayprakash Rao (Group President, International, Dineshchandra R. Agrawal Infracon Pvt Ltd); Nagesh Veeturi (Executive Director – Civil, KEC International Ltd); Rahul Ratnakar Deshmukh (MD, Fives India Engineering & Projects Pvt Ltd); and Pratap Padode (Founder & President, FIRST Construction Council).

ICR’s fastest growing cement companies awards are given in three categories – Large (companies having turnover above Rs 5000 crore), Medium (companies having turnover between Rs 2000 crore to Rs 5000 crore), and Small (companies having turnover below Rs 2000 crore). ICR “Person of the Year Award” recognises the heroes of cement industry who have made remarkable achievements during the year. ICR “Lifetime Achievement Award” is presented to the individual who has provided outstanding service to the cement industry for the sustained period of years and has had a significant impact on a large number of individuals and organisations.

After in-depth analysis and thorough deliberations, the Jury selected the winners of the 7th Indian Cement Review Awards.

While the winners of ICR’s “Fastest growing cement companies”, “Person of the Year” and “Lifetime Achievement Award” were selected by the Jury during the meeting, nominations for other prestigious awards are still open. Companies can still nominate themselves under following categories:Innovation of the yearCSR Company of the yearGreen Factory of the yearProduct of the yearExcellence in Sustainability

To nominate for the above awards and to exhibit & know more about Cement EXPO, click here.

With the theme of “Driving Sustainability Through Technology”, Cement EXPO 2023 will be co-located with the 9th Indian Cement Review Conference (which will address the cement industry’s ambitions to deliver sustainable, low-carbon cement) and the 7th Indian Cement Review Awards (where fastest growing cement companies and industry stalwarts will be awarded). The EXPO is expected to have over 100 exhibitors and attract more than 5,000 quality visitors.

The 14th Cement Expo will witness participation of a diverse range of exhibitors representing different facets of the cement industry, including: Cement Equipment Manufacturers; Cement & Concrete Manufacturers; Raw Material Suppliers; Cement Testing and Quality Control Equipment Provider; Construction Equipment; Automation & IT Solutions Providers; Admixtures and Chemical Suppliers; Concrete Reinforcement and Structural Systems; Logistics and Transportation Service Providers; and Material Handling Solutions, among others.

For more information on Cement EXPO 2023, you can reach out to Mr Sujoy Gomes (on Mob: 86577 95881; and email: sujoy.g@asappinfoglobal.com).

Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

Published

7 days ago

July 20, 2026

admin

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.

Concrete

Cement Prices to Stay Flat in Q2 FY27 as Costs Squeeze Margins

HDFC Securities warns monsoon slowdown and higher fuel costs

Published

1 week ago

July 17, 2026

admin

HDFC Securities has said the cement industry is unlikely to register a sequential increase in prices in Q2 FY27 as monsoon-related demand moderation coincides with rising fuel and packaging costs that will squeeze margins. The brokerage observed that price gains remained modest, with increases of two to three per cent quarter-on-quarter across regions, and noted subdued offtake in May with improvement in June as a delayed monsoon supported construction activity. The brokerage added that modest pricing gains so far have been insufficient to offset the input cost escalation.

The report stated that input cost pressures intensified in Q1 FY27 owing to the West Asia conflict, which pushed up coal and pet coke prices and is expected to keep fuel costs elevated, with a likely peak in Q2 FY27. It assessed that total variable costs, including packing, could rise by around Rs 150 per t quarter-on-quarter and that lower offtake and seasonal operating deleverage could further raise operating expenditure by about Rs 50 per t quarter-on-quarter.

Overall, cement prices were estimated to remain flat in Q2 FY27 as monsoon-led demand weakness offsets limited upside in realisation, and rising fuel costs alongside seasonal deleverage were expected to compress industry margins by over Rs 100 per t quarter-on-quarter to below Rs 880 per t. The brokerage indicated that the combined impact of energy inflation and higher packing expenditure would be the principal drivers of margin contraction in the near term. HDFC Securities projected a recovery in margins in H2 FY27 should the West Asia turmoil subside and energy and packing costs cool off.

The brokerage expressed optimism on long-term demand fundamentals and said improving realisation together with an anticipated cost cool-off should support a margin rebound from H2 FY27 onward, underpinning favourable industry prospects over the medium term. Its outlook rests on monsoon normalisation and a decline in imported fuel prices in the second half of the fiscal year.

Concrete

Dalmia Bharat Begins Rs 31 Bn Green Cement Unit in Kadapa

New Andhra Pradesh plant to add 9.6 MTPA cement capacity by FY28

Published

2 weeks ago

July 16, 2026

admin

Dalmia Bharat Limited recently laid the foundation stone for its second manufacturing unit at Kadapa in Andhra Pradesh. The company will invest Rs 31 billion in developing the next-generation integrated cement manufacturing facility.

The foundation-laying ceremony was attended by Nara Lokesh, Andhra Pradesh Minister for Information Technology, Electronics and Communications, Real-Time Governance and Human Resources Development, along with Puneet Dalmia, Managing Director and Chief Executive Officer, Dalmia Bharat, senior government officials and company representatives.

Scheduled to be commissioned by the third quarter of FY28, the Kadapa unit will become Dalmia Bharat’s largest integrated manufacturing facility in southern India. It will have a clinker production capacity of 6.1 million tonnes per annum and a cement manufacturing capacity of 9.6 million tonnes per annum.

The facility is designed to produce what the company describes as one of the world’s greenest cements. It is also expected to generate approximately 1,000 direct and indirect employment opportunities while supporting local MSMEs, transporters, contractors and service providers.

Lokesh said the investment reflected Dalmia Bharat’s confidence in Andhra Pradesh and aligned with the state’s objective of promoting sustainable industrialisation, job creation and technology-led economic growth.

Puneet Dalmia said the project represented the company’s long-term vision of developing low-carbon cement manufacturing assets. He added that the facility would establish new benchmarks in operational efficiency and sustainability while supporting India’s infrastructure and environmental goals.

Dalmia Bharat will also expand its regional community development programmes in education, healthcare, skill development and welfare through its DIKSHa and Gram Parivartan initiatives.

The company currently has an installed cement manufacturing capacity of 54.7 million tonnes across 19 manufacturing units in 12 states. It is also the first cement company globally to commit to the RE100, EP100 and EV100 initiatives.