In a fortuitous turn of events, India’s economy recorded a robust 7.6 per cent GDP growth in the second quarter of the fiscal year 2023-24, surpassing expert estimates. One of the key drivers behind this impressive expansion was the construction sector, which witnessed a substantial upswing fuelled by a surge in housing demand.
At this year’s COP28, India surprised many by holding back its forthcoming attitude towards phasing out fossil fuels. More than 50 per cent of India’s electricity generation comes from coal-fired power plants, and India has maintained that coal will continue to remain the mainstay of India’s electricity sector for some more years to come. India must emphasise the fact that its per capita CO2 emissions at 1.9 tonnes are far lower than the US (14.5) and China (8.9).
As the government prepares to boost spending in the upcoming months, the demand for construction materials, particularly cement, is expected to reach unprecedented levels. To meet this surge and sustain growth, Indian cement makers, representing the world’s second-largest cement industry, are gearing up for substantial expansion, to the tune of 145-155 million tonnes in fresh capacity with an investment of Rs.1.2 trillion.
The 14th Cement EXPO, Conference & Awards, a premier industry event, is set to address this critical issue by focusing on strategies for a low-carbon-footprint pathway for the future. The event aims to bring together key stakeholders to discuss and implement modern technologies rooted in the latest automation and IT solutions. It will also witness the 7th Indian Cement Review Awards, which felicitates top performing companies and industry stalwarts.
Amidst this push for decarbonisation, the Indian Cement Review’s annual issue presents the industry with a thought-provoking edition, aligned with the theme of ‘Driving Sustainability Through Technology.’ It provides a comprehensive overview of the industry’s current landscape and sheds light on innovative approaches towards sustainability.
As the world grapples with environmental concerns, India’s cement industry is not only contributing to economic growth but also taking proactive steps towards a greener future. The Cement EXPO and Conference will serve as a crucial platform for stakeholders to exchange ideas, collaborate on innovative solutions, and collectively pave the way for a sustainable and low-carbon future for the sector.

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