Concrete

Cement industry poised for growth with budget 2025-26, says CMA

Published

2 months ago

February 12, 2025

Roshna

The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26, recognising its role in infrastructure development, employment generation, and economic growth. The budget’s focus on strategic investments in people, economy, and innovation presents significant opportunities for the cement sector.

CMA President Neeraj Akhoury highlighted the budget’s emphasis on infrastructure, housing, and economic expansion, stating that increased government spending will drive demand for cement, enabling capacity growth and sustainable innovation. Despite challenges, the industry expects to maintain a CAGR of over 6 per cent in installed capacity this fiscal year.

Vice President Parth Jindal praised the budget’s Rs.20,000 crore allocation for innovation and Rs.1.5 lakh crore in
50-year interest-free loans for infrastructure. He noted that the PPP model and five National Centres of Excellence will boost private investments and skill development.

The cement industry remains a key contributor to employment, government revenue, and sustainability initiatives.

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UltraTech Cement boosts capacity with new clinker line

Published

3 days ago

April 21, 2025

admin

UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

3 days ago

April 21, 2025

Roshna

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

Image source:www.exchange4media.com

Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

3 days ago

April 21, 2025

admin

Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.