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Ministry of Steel Organises Chintan Shivir for CPSE leaders

35 young managers from CPSEs were introduced as future industry leaders.

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The Ministry of Steel organized Chintan Shivir, a day-long session focused on the future of India’s steel sector, at Hotel Taj West End, Bengaluru. The event brought together CPSE leaders under the Ministry of Steel to deliberate on key industry topics and shape a path forward.
The gathering was graced by Shri H. D. Kumaraswamy, Hon’ble Minister of Steel and Heavy Industries (virtually), along with Shri Bhupathiraju Srinivasa Varma, Minister of State for Steel and Heavy Insdustries, as Chief Guest. Shri Sandeep Poundrik, Secretary, Ministry of Steel, and CPSE heads also participated, reinforcing a unified approach towards industry growth.
Shri Sandeep Poundrik highlighted the importance of industry excellence, self-reflection, and continuous learning. “This forum provides an opportunity to enhance operational efficiencies and foster innovation, ensuring sustainable and impactful growth.”
A key highlight of the event was the launch of the official website for India Steel 2025, set to take place from 24-26 April 2025. Additionally, 35 young managers from CPSEs were introduced as future industry leaders, tasked with driving efficiency and cost optimisation.
The Chintan Shivir concluded with a collective commitment from CPSEs to strengthen India’s steel sector globally. The event marked a crucial step in uniting stakeholders, fostering strategic discussions, and laying the foundation for a resilient and competitive steel industry.

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Cement demand to rise 7% in FY26

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May 29, 2025

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India’s cement demand is projected to grow 6.5–7.5 per cent in FY26, supported by a ~10 per cent increase in central infrastructure spending and prospects of a strong monsoon, which could boost rural housing. In FY25, demand had moderated to 4.5–5.5 per cent due to electionled disruptions, sluggish project execution, and weak real estate activity. Infrastructure will remain the key demand driver, contributing ~30 per cent of total cement consumption— led by roads, railways, irrigation, and urban development. Notably, 12 major states have raised their budget allocations by 11 per cent, fuelling optimism. Rural housing (32–34 per cent share) is expected to gain from rising farm incomes, PMGSY, MNREGA, and higher average rural wages. Urban housing is likely to recover on a low base, improved pace under PMAY-Urban, and interest rate cuts.

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World’s First Book on Carbon Steel Sourcing Launched by Hero Steels CEO

Panckaj N Umrania’s book offers strategic insights into steel sourcing.

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February 27, 2025

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The global steel industry marked a milestone with the launch of “Mastering Carbon Steel Sourcing: From Domestic Suppliers to Global Partnerships,” the world’s first book on carbon steel sourcing. Authored by Panckaj N Umrania, Executive Director of KND Steel, the book was unveiled by Jitendra Sharma, ED & CEO of Hero Steels Ltd.
The event saw participation from industry leaders, policymakers, and representatives from JBM Group, Havells India, Philips Lighting India, Air India, and Northern Railways, underscoring its industry relevance.
Published by Academic Foundation India, the book serves as a guide for business leaders and sourcing professionals, covering supply chain optimisation, quality control, and cost management. It also highlights India’s growing role in global steel sourcing.
Speaking at the launch, Umrania stated, “This book addresses key sourcing challenges and provides practical solutions to help businesses enhance profitability.”
The event concluded with a panel discussion on the future of steel sourcing and supply chain innovation, reinforcing the book’s significance in transforming global sourcing strategies.
                     

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Viva ACP Unveils Bricklyn: A Fusion of Tradition and Innovation

The new ACP series blends classic brick aesthetics with modern engineering.

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February 27, 2025

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Viva ACP, Asia’s largest aluminium composite panel (ACP) manufacturer, has launched Bricklyn, a new addition to its Santa Fe series. Inspired by the strength of traditional bricks and reimagined with contemporary design, Bricklyn merges heritage aesthetics with advanced technology.
The design draws from Brooklyn’s urban energy and the stacking ingenuity of Jenga, offering structural integrity, aesthetic appeal, and creative flexibility. Available in a range of muted and bold hues, the panels allow architects to craft dynamic, visually striking façades.
Engineered using Stucco Textures and Synchro Technology, Bricklyn ensures durability and resilience with a 15-year warranty, reinforcing Viva ACP’s commitment to quality.
“Bricklyn is more than a cladding solution; it’s a tribute to tradition and innovation,” the company stated, positioning the series as a benchmark for modern architectural design.
               

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