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14th Cement EXPO

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The 14th Cement EXPO, organised by FIRST Construction Council and Indian Cement Review, was a mega event with over 1,500 visitors, conducted concurrently with the 9th Indian Cement Review Conference and 7th ICR Awards. Held at the Maneckshaw Centre, New Delhi, on 14 and 15 December, 2023, the event brought industry stakeholders together on a common platform.

The 14th Cement EXPO was inaugurated by Dr Vibha Dhawan, Director General, TERI; and Ali Emir Adiguzel, Founder and Director, World Cement Association, along with Pratap Padode, Founder, FIRST Construction Council (FCC). The chief guests were then escorted to the sprawling two-tiered exhibition space, where top notch companies in the cement industry’s supply chain were present with their latest innovations and offerings. The chief guests interacted with the exhibitors, asking them questions about technological breakthroughs, sustainable solutions and new-age services that are helping India’s cement industry transform.
The 14th Cement EXPO garnered significant support from the Ministry of Road Transport and Highways, Government e Marketplace (GeM), and the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI).
Jaxay Shah, Chairperson, Quality Council of India, joined the event via a video message. In his message, he said, “The Cement Expo stands as a testament of the dynamic adaptive nature of our industry. It is crucial that ideas, best practices and technology come together to forge the future of the cement and construction centres.”

Conclusion
As the curtain fell on the 14th Cement EXPO, anticipation is mounting for the next edition, which promises to be larger and even more impactful. The success and resonance of this year’s expo lay the groundwork for an event that is bound to be bigger, drawing in greater participation, fostering more profound discussions and showcasing the continued evolution of the cement industry. With a forward-looking perspective, Indian Cement Review is confident that it will contribute significantly to the ongoing transformation of the industry.

What the industry has to say about the 14th Cement EXPO…

“Through the medium of the Cement EXPO, we can exchange our views and come to know about the new things being invented in the industry, so that we can implement those new technologies in our plants and use them. These will be more efficient, more power saving and also will help us open up our horizons. It is best to see these new inventions and the EXPO is helping us do that and give us immense insights about the sector also. I think they have chosen a very apt theme because nowadays sustainability and ESG has become very important, especially in the cement sector because there is a lot of pollution and use of fossil fuels. What we have been doing in the past is something different where now the owners and every stakeholder has to be responsible to take India to a level where our Prime Minister Mr Narendra Modi has envisioned the nation. We have started working inside the plants on becoming more carbon neutral and also have good projects of sustainability with ESG, which is one of the major parts in our theme. Indian Cement Review has chosen a very important aspect with their theme and this is commendable.

  • Vinita Singhania, Vice Chairman and Managing Director, JK Lakshmi Cement

“Definitely the Cement EXPO is very helpful for the industry as people from different industries come together and they are observing the panel discussions as well as presentations made by technology suppliers. New technologies, which are coming up, are also being explored here and there are so many takeaways that can be implemented in the respective industries. Thus, this EXPO is very helpful to have on a continuous basis. ‘Driving Sustainability Through Technology’ is a great theme. It is helping the cement industry, especially as the panel that has been put together has a collection of people from different backgrounds and industries coming together. This is beneficial for everyone who has participated in the EXPO. They have taken a lot of takeaways and have put up an opinion on what the next steps for sustainability are in terms of alternative fuels, green energy, carbon capture as well as research and development for new products.

  • Shailendra Kumar Gupta, Chief Operating Officer and Cluster Head-North Zone, Ultratech Cement

“The 14th Cement EXPO is definitely a very good initiative because not only for the industry, but also for the manufacturers, the suppliers, OEM providers, equipment manufactures etc. They are assembled here for these two days to share their thoughts and their best practices, which helps everyone come together as one ecosystem. It’s a very exciting event and I look forward to the next one as well! ‘Driving Sustainability Through Technology’ is a very pertinent topic. Data is getting generated from IoT, from sensors, from machines, so technology will play a huge role, not only in assimilating and managing the data but also in generating insights. We can move from descriptive analytics towards predictive and prescriptive analytics and use downtime assumptions, predictive analytics, safety aspects, use of AI and data technologies to meet objectives.”

  • Himanshu Ghawri, Partner, PwC

“The 14th Cement Expo is very relevant because it has raised issues related about sustainability and carbon emissions, especially considering the fact that our honourable Prime Minister Shri Narendra Modi has recently gone abroad and given some commitments regarding India’s carbon emissions coming down to Net Zero by 2050 or 2060. Therefore, different industries have to gear up to ensure that they help the country meet these targets. Cement industry, unfortunately, is responsible for a huge amount of carbon emissions, therefore, the responsibility also falls on the industry in a much larger manner.
I am very happy that ASAPP Info Global has organised this expo and conference at a very relevant and appropriate time to help raise the issues and bring in experts who are discussing these issues in detail and with thoroughness. I am sure that once the proceedings of the conference come up and are available to everyone, they will provide the thrust for getting the cement industry go further in their efforts to reduce their carbon emissions and meet the Net Zero targets.”

  • Sanjiv Garg, Secretary General, The Chartered Institute of Logistics and Transport and, former Managing Director, Pipavav Rail Corporation

“I have 24 years of experience in IT, securities and data analytics. My core field is digital transformation of the cement industry. I have taken up six end-to-end projects for that. I have seen that this is vital from a sustainability point of view and the cement industry is coming up with ways to leverage digital platforms for cost effective processes, higher efficiencies and improved task force. In such a scenario, the 14th Cement EXPO plays a vital role in getting peers, companies as well as other stakeholders and delegates from the companies to come together, collaborate and learn every new practice that will be implemented in the industry.
Technology has a huge role to play in any organisation. We should definitely think about cutting-edge applications for artificial intelligence, machine learning, robotic arms and data analytics. In this area, technology is going to play a major role in cost control, operational efficiency and process efficiency.”

Durgamadhab Mohanty, Senior VP – IT, Birla Corporation

“The theme ‘Driving Sustainability Through Technology’ is very relevant for us – an industry like ours that’s CO2 generating and hard-to-abate. There is a lot of stuff that the cement industry is doing and there is a lot of stuff that still need to be done. There is a lot of technology and knowledge that resides outside, which the cement companies are not aware of. A forum of this nature actually helps us get all these stakeholders together on the same platform. There is a lot of cross pollination of ideas. In the panel discussion and subsequent conversations, there are a couple of points that I have picked up for myself, which I will pursue. This would not have been possible if I hadn’t come here. We can collectively work together on delivering impact.
The way the Cement EXPO helps is that it gets different stakeholders involved – from the technology and process side to practising individuals and peripheral entities. It gets all of them together on a common theme about making cement operations more sustainable and it helps us solve problems. There is an appreciation of these issues on the supplier side, technology side and likewise on the user side within the cement industry.”

Nilesh Narwekar, CEO, JSW Cement

Concrete

JSW Cement Announces Merger with Shiva Cement

Merger aims to create a unified cement platform and simplify operations

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JSW Cement has announced a scheme of arrangement to merge its listed subsidiary Shiva Cement with itself, creating a single unified cement platform. The boards of both companies have approved the proposal, which will require clearances from stock exchanges, the Securities and Exchange Board of India, the National Company Law Tribunal, Odisha Industrial Infrastructure Development Corporation and other applicable authorities.

The transaction is expected to be completed within 12 to 14 months, subject to the necessary approvals from regulators, shareholders and creditors. Under the scheme, JSW Cement will issue 5 equity shares with a face value of Rs. 10 each for every 41 equity shares with a face value of Rs. 2 each held by Shiva Cement shareholders other than JSW Cement.

The company said the merger would consolidate financial, managerial, technical, distribution and marketing resources while reducing administrative duplication and compliance requirements. It would also provide greater funding flexibility, potentially lower financing costs and eliminate inter-company guarantees.

The consolidation is expected to strengthen backward integration by enabling JSW Cement to use Shiva Cement’s clinker manufacturing facility. This would reduce dependence on external clinker procurement and improve supply-chain efficiency. Public shareholders of Shiva Cement would receive direct ownership in JSW Cement, which has a broader institutional investor base and a more liquid listed presence.

JSW Cement acquired a controlling stake in Shiva Cement through transactions that began in January 2017. Shiva Cement operates a clinker facility in Odisha, near the borders of Odisha, Chhattisgarh and Jharkhand, and commissioned a 1 mtpa cement grinding unit at Sambalpur in FY26 through a commercial arrangement with Bhushan Power and Steel.

JSW Cement has 24.10 mtpa of cement grinding capacity and 9.74 mtpa of clinkerisation capacity. Its Indian operations comprise nine plants, including two integrated units, one clinker unit and six grinding units. The proposed merger is intended to simplify the corporate structure and align the financial statements of the two companies.

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Concrete

UltraTech’s Kukurdih unit runs fully on green energy

The Chhattisgarh plant has met 100 per cent of its electricity needs through green energy since April 2026.

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UltraTech Cement’s Kukurdih Cement Works in Chhattisgarh has met 100 per cent of its electricity requirement through green energy every month since April 2026. Commissioned in 2024, the integrated cement manufacturing unit has an installed grey cement capacity of 3.3 million tonnes per annum.
The plant meets its electricity requirement through a combination of renewable power sourcing and Waste Heat Recovery Systems (WHRS). UltraTech said the combination enables the unit to meet its power needs through green energy while maintaining operational reliability.
Since April 2026, nearly a third of UltraTech’s 76 manufacturing units in India have maintained green energy utilisation above 50 per cent of their electricity requirement. Five units, including Kukurdih, have exceeded 95 per cent green energy utilisation.
The company is also progressively deploying Battery Energy Storage Systems (BESS) across its manufacturing network to support greater integration of renewable energy. UltraTech said it has not invested in new captive thermal power capacity at its integrated units, including greenfield projects and brownfield expansions, for more than 10 years.
As of Q1FY27, UltraTech’s captive green energy capacity stood at 1,897 MW, comprising 1,463 MW of renewable capacity from solar, wind and hybrid sources, and 434 MW of WHRS capacity.
Under its RE100 commitment, the company aims to increase the share of green power in its total power mix to 85 per cent by 2030 and 100 per cent by 2050.

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Concrete

Cement Prices Rise Rs. 7 per Bag in September; October Hikes Expected

Cement prices rose in September as companies weighed further increases.

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Cement companies may seek to raise prices by Rs. 5 to Rs. 20 per bag across most markets in October, although the ability to sustain the increases will depend on demand recovery and dealer acceptance, according to a report by Centrum Broking. The outlook follows a pickup in pricing momentum during September after largely stable prices in July and August.

The all-India average trade price increased by Rs. 7 per bag month-on-month to Rs. 356 in September. Centrum Broking’s channel checks indicated gains across both trade and non-trade segments, with non-trade prices recording sharper increases in most markets. However, higher company billing rates were not fully passed on to customers in several regions because dealers continued selling at earlier prices to meet quarter-end volume targets.

The brokerage said demand weakness in Q2FY27 was less pronounced than the usual seasonal trend, with construction activity improving in several markets towards the end of the quarter. Demand remained range-bound across several markets in July and August, while September produced mixed regional trends. Higher rainfall affected activity in some areas, whereas lower rainfall supported construction work elsewhere.

South India recorded the largest price increase in September, at Rs. 11 per bag, followed by West India at Rs. 9. Central, East and North India each reported increases of Rs. 5 per bag. Despite the September recovery, the average all-India trade price for Q2FY27 stood at Rs. 351 per bag, down Rs. 1 sequentially, as weaker pricing in July and August offset the later gains.

Centrum Broking said the success of any October increases would depend on the pace of demand recovery and dealers’ willingness to accept higher prices. Fuel prices have also risen sharply in recent weeks, making the implementation and sustainability of price increases a key factor for the cement industry’s pricing outlook.

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