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We prioritise long-term durability

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Dheepan Ramalingam, Managing Director, Ringfeder Power Transmission (I), on blending German precision with Indian scale to deliver durable, high-performance solutions.

From German engineering to Indian cement plants, Ringfeder has carved a niche as a force driving efficiency and innovation. In this exclusive interview, Dheepan Ramalingam, Managing Director, Ringfeder Power Transmission (I), explains how Ringfeder is
powering cement operations, embracing sustainability and integrating smart technology to stay ahead of the curve.

Can you tell us about your company and its role in the Indian cement industry?
Ringfeder is a 102-year-old German company, originally established in Düsseldorf. We have been doing business in India for the last 25 years, and as Ringfeder India, we have been operating for 16 years now. We are known as the inventors of locking devices and damping solutions. These products are manufactured in our European facilities and are imported from Germany for distribution across India.
Until last year, we operated with a team of around 20 people, primarily focused on importing and distributing these products. However, in a major development last year, we acquired an Indian company—Rathi Transpower Limited—which
has a manufacturing capacity supported by a workforce of 500 people, with plants located in Pune and Kolhapur.
Today, our combined strength is around 550 team members. We are deeply integrated into the Indian cement industry. From the transportation of raw materials like limestone, to grinding, separation, packaging, and even the logistics of cement bags, our products play a critical role. Essentially, we offer complete product solutions for the entire cement plant machinery setup. We are proud to say that we currently hold a 30 per cent to 40 per cent market share in India for our category.

How do your products enhance efficiency and precision in cement operations?
Our product portfolio mainly includes two core technologies: shaft locking devices and precision couplings.
Let’s start with the locking devices. These are used to secure a hollow shaft onto a solid shaft and are applied in critical machinery like pulverisers, kilns, and separators. Traditionally, keyways are used for this purpose, but our locking devices offer a superior alternative. One of their main advantages is ease of maintenance. In a cement plant, maintenance is frequent due to the harsh operational environment, and our devices make the assembly and disassembly process quick and seamless. This significantly reduces downtime.
The second product line includes precision couplings. These are essential consumables, but it’s important that they are both reliable and durable. Our couplings—whether produced in Germany or in India—are manufactured to strict German standards, ensuring top-tier performance. These products are built to last and perform consistently, even under demanding conditions.

How do you ensure product durability in high-impact cement environments?
The products we manufacture are primarily made from 42CrMo4 alloy steel, which is well-known for its strength and durability. This type of steel is highly resistant to corrosion and mechanical stress, which is essential in an environment like a cement plant.
We also advise our customers to use protective covers while the machines are operating to further reduce environmental wear and tear. As for material performance, the tensile strength of the steel we use is around 900 N/mm². In comparison, many competitor products fail at around 600 N/mm². This shows that we never compromise on material quality, even if it means our costs are higher. We prioritise long-term durability over short-term price reductions, and this approach has helped us build a strong reputation
for reliability.

How are you addressing sustainability in your operations and offerings?
Sustainability is at the heart of our business ethos. Ringfeder is part of the VBG Group, a Swedish conglomerate known for its commitment to sustainable practices. Sweden, as you may know, is one of the most sustainability-focused nations globally. In line with that, we have set up dedicated sustainability departments in every country where we operate, including India. Within our own operations, we are making several changes. This includes using sustainable materials in our packaging, optimising our logistics to reduce emissions, and guiding our suppliers toward more environmentally responsible practices. We are also tracking our carbon footprint closely and have made it a goal to reduce emissions significantly in the coming years.
When it comes to the cement industry, we contribute to sustainability by offering products that are durable, reduce maintenance frequency, and minimise energy losses—ultimately helping cement manufacturers operate more efficiently and with fewer interruptions.

Can you share a recent innovation and how technology is improving your products?
At Ringfeder, innovation is continuous. We have a dedicated R&D centre in Germany and an extended R&D arm in India. Our focus has always been on enhancing functionality, durability and efficiency. Over time, we have made several improvements in the materials used in our products, ensuring they meet the toughest industrial standards.
One of the most exciting developments is the integration of electronic feedback systems into our product lines. This represents a step toward smart technology, where products can provide real-time performance data. We are currently working on embedding sensors and feedback modules into our systems, which can give users predictive insights and maintenance alerts. This will not only improve performance but also help reduce unplanned downtime—an important factor in industries like cement.

What are some challenges you face in the cement industry?
There are a few challenges that are quite specific to our line of business. First, our products fall into the category of capital equipment, which means the procurement cycles are longer and highly dependent on capex planning by cement companies. These purchases are not linear—they tend to follow the cyclic nature of the industry.
For instance, this year we saw a slowdown, primarily due to the uncertainty and cautious spending that comes with general elections. However, based on the current pipeline of cement plant expansions, we are optimistic that 2025 will be a great year—not just for Ringfeder, but for the entire cement sector.
To counterbalance the cyclic nature of cement, we also serve other industries such as textiles, bulk material handling and hydropower. This diversification helps us manage business continuity more effectively.

What is your view on Net Zero and your alignment with global goals?
Yes, this is a very important area for us. Ringfeder and our parent company, the VBG Group, are actively aligned with the United Nations’ Sustainable Development Goals (SDGs). We’ve identified five key SDGs where we focus our efforts: reducing emissions, promoting gender equality, improving access to education, encouraging responsible consumption, and fostering decent work environments.
We believe that companies have a responsibility not only to their customers but also to society at large. Our sustainability team regularly evaluates our progress in these areas and works closely with local and global stakeholders. Our goal is to ensure that by 2030, we are not just meeting industry standards but are seen as leaders in sustainability and ethical operations.

Concrete

Star Cement Named Preferred Bidder For Boro Lakhindong Block

Preferred bidder for limestone mining lease in Assam

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Star Cement has been declared the preferred bidder for the mining lease for Boro Lakhindong West Block following e-auctions conducted by the Government of Assam. The block is located in Boro Lakhindong Village, Umrangso Tehsil, Dima Hasao District, Assam, and extends over an area of 123 hectares. The estimated limestone resource is 207.822 million (mn) tonnes (t), a quantity that will supply raw material for cement production and support the company’s manufacturing operations in the region.

The company is engaged in the manufacturing and selling of cement clinker and cement and distributes products across the north-eastern and eastern states of India. Star Cement operates plants and logistics networks that procure and process limestone to produce clinker for cement, and the addition of Boro Lakhindong is presented as a strategic enhancement of feedstock availability. The preferred bidder status secures rights to the specified lease area under the terms of the auction process.

Financial results for the company in the fourth quarter of fiscal year 2026 showed a consolidated net profit rise of 20.24 per cent to Rs 1,481.0 mn on an 11.54 per cent increase in revenue to Rs 11,735.5 mn compared with the corresponding quarter of the previous year. Those results reflected higher sales volumes and revenue growth in the company’s primary markets and are cited in company disclosures accompanying the lease announcement. The reported performance provides context to the company’s ability to pursue and finance new mining lease opportunities.

Market reaction to the declaration was modest, with the scrip rising zero point thirty six per cent to trade at Rs 212 on the BSE. The award of the Boro Lakhindong lease concludes the e-auction process for the west block and assigns operational rights to Star Cement as the preferred bidder, subject to completion of statutory and contractual formalities.

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Concrete

KERC Proposal To Cut Rooftop Solar Export Tariff Raises Concern

Consumers and advocates urge regulator to reconsider change

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The Karnataka Electricity Regulatory Commission (KERC) has proposed a reduction in the tariff paid for surplus electricity that rooftop solar installations export to the grid, prompting concern among consumers, renewable energy advocates and industry specialists. The proposal arrives while the Central government and state governments are promoting clean energy adoption and offering subsidy schemes to encourage rooftop solar deployment. Thousands of households in Karnataka, particularly in Bengaluru, have invested substantial sums in rooftop systems to reduce reliance on conventional power and support state renewable targets.

Stakeholders have raised questions about the implications of a lower export tariff for the financial attractiveness of rooftop solar investments and the pace of the state transition to renewables. Industry analysts warned that a reduction in compensation for excess generation could discourage new installations and extend payback periods for existing systems. Current messaging from authorities, which simultaneously promotes adoption while proposing lower export rates, has been described by user groups as creating contradictory signals for consumers.

Experts argued that policy measures should focus on grid modernisation rather than reducing consumer benefits, with investments in transmission and distribution networks needed to manage higher volumes of distributed solar generation. Consumer groups and renewable advocates are preparing written submissions to the regulator and are urging retention of incentives that support household adoption of rooftop systems. KERC has invited public objections and suggestions as part of a consultation process that will determine the final tariff framework.

The outcome of the consultation is expected to influence the future growth of rooftop solar across the state and shape investor confidence in small-scale renewable projects. Residents who have already installed rooftop panels are monitoring developments closely because changes to compensation mechanisms may affect household finances and the speed of return on investment. Observers noted that coherent policy, aligned incentives and grid upgrades would be essential to sustain momentum in the rooftop solar sector.

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Concrete

Indian Railways Plans Green Fly Ash Transport Network

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Specialised rail logistics will move fly ash from power plants to infrastructure industries.

New Delhi

Indian Railways is planning a large-scale green logistics initiative to transport fly ash from thermal power plants to industries where it can be reused in infrastructure and construction activities.

The initiative was discussed during a review meeting chaired by Union Minister for Railways Ashwini Vaishnaw. Union Ministers of State for Railways V Somanna and Ravneet Singh Bittu were also present.

India generates nearly 340 million tonnes of fly ash every year from thermal power plants. The proposed initiative aims to create an efficient rail-based transport system using specialised containers and dedicated logistics arrangements to move fly ash safely from power plants to end-use industries.

Fly ash is widely used in road construction, cement manufacturing, brick production, concrete, blocks and boards. By improving its movement through the railway network, the initiative is expected to support better utilisation of this industrial by-product while reducing environmental concerns linked to storage and disposal.

The move also aligns with India’s circular economy goals by converting waste from thermal power generation into a useful raw material for the construction and infrastructure sectors. Wider availability of fly ash can help reduce material costs in areas such as bricks and cement, supporting more affordable infrastructure and housing development.

Through this initiative, Indian Railways aims to provide a cleaner, safer and more organised transport solution for fly ash, turning an environmental challenge into an infrastructure resource.

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