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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

Cement Makers Reaffirm Commitment to Sustainable Growth

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World Environment Day spotlight on innovation and circularity

On World Environment Day, the Indian cement industry reiterated its commitment to supporting India’s climate ambitions through sustainable manufacturing, resource efficiency and the adoption of cleaner technologies.

The Cement Manufacturers’ Association (CMA) said the sector remains aligned with the Government of India’s Net Zero commitments and is accelerating efforts to reduce its environmental footprint while supporting the country’s infrastructure and development agenda.

Parth Jindal, President, CMA and Managing Director, JSW Cement, said the industry is increasingly adopting cleaner technologies, improving energy efficiency and expanding the use of alternative fuels and raw materials. He also highlighted the growing importance of circular economy practices, where industrial by-products and waste streams from one sector are utilised as resources in another.

“The Indian Cement Industry is aligned to the Government’s commitments on carbon mitigation and is accelerating the adoption of cleaner technologies, resource efficiency and circular economy practices while actively exploring the potential of Carbon Capture, Utilisation and Storage (CCUS) as a critical pathway for deep decarbonisation,” said Jindal.

He added that coprocessing industrial waste and by-products helps conserve natural resources, reduce disposal requirements and lower the environmental footprint across multiple sectors.

According to Jindal, sustainability is no longer limited to manufacturing processes but is increasingly influencing investment decisions, innovation strategies and long-term growth plans within the industry.

Echoing similar views, Dr Raghavpat Singhania, Vice President, CMA and Managing Director, JK Cement, said sustainable development extends beyond emissions reduction and must also focus on responsible resource utilisation and waste minimisation.

“Sustainability in the built environment cannot be measured by emissions alone. It is equally about how efficiently we use resources, how effectively we minimise waste and how responsibly we create the infrastructure that will serve future generations,” said Singhania.

He noted that the cement industry is advancing its sustainability agenda through greater resource efficiency, increased circularity, technological innovation and continuous improvements in manufacturing practices. As a key contributor to India’s infrastructure development, the sector has a critical role to play in balancing economic growth with environmental responsibility.

On the occasion of World Environment Day, industry leaders reaffirmed their commitment to supporting India’s climate goals while delivering the materials required for resilient, durable and sustainable infrastructure.

 

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Concrete

Building a Greener Future Together

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Environmental sustainability requires immediate action, not just long-term commitments and discussions. Recycling, circular economy practices, and technology-driven waste management can help industries reduce environmental impact while supporting sustainable growth.

Author: Jignesh Kundaria, Director and CEO, Fornnax Technology

World Environment Day serves as an important reminder that environmental sustainability can no longer remain confined to discussions, reports, or long-term commitments. The environmental challenges facing the world today demand immediate, measurable, and collective action. Across industries and communities, waste generation continues to outpace our ability to process it responsibly, placing increasing pressure on ecosystems, natural resources, public health, and the well-being of future generations.

One of the most significant shifts required today is a change in how society perceives waste. Rather than being viewed as a material to be discarded, waste must be recognised as a valuable resource that can contribute to both economic growth and environmental protection when managed through the right technologies and systems. This mindset forms the foundation of the circular economy model that countries across the world are increasingly adopting to reduce landfill dependence, recover valuable materials, and create more sustainable industrial ecosystems.

India has made meaningful progress in strengthening awareness around sustainability, recycling, and environmental responsibility over the past decade. Significant efforts are being made to formalise the recycling sector through improved infrastructure, technology adoption, policy implementation, and broader stakeholder participation. These developments are creating a stronger foundation for responsible waste management and resource recovery across the country.

However, achieving long-term environmental impact requires collaboration from all stakeholders. Industries, policymakers, technology providers, and communities must work together with greater accountability to strengthen recycling ecosystems, encourage responsible waste management practices, and create sustainable outcomes through consistent execution rather than temporary interventions.

As someone closely associated with the recycling industry, I firmly believe that technology will play a decisive role in addressing future environmental challenges. Advanced recycling systems have the potential to recover valuable resources, reduce pollution, minimise landfill burdens, and conserve energy, creating a more sustainable future for generations to come. This belief is deeply reflected in Fornnax’s motto, “Committed to Create a Green Future,” which embodies our commitment to building long-term environmental value through innovation and responsible action.

At the same time, technology alone cannot deliver meaningful change. Real progress requires intent, awareness, participation, and a shared sense of responsibility. Sustainable development can only be achieved when innovation is supported by collective action and a genuine commitment to environmental stewardship.

On this World Environment Day, let us move beyond conversations and take meaningful steps towards creating a cleaner, greener, and more sustainable planet. By embracing innovation, strengthening recycling ecosystems, and acting responsibly today, we can create lasting environmental impact and secure a better future for generations to come.

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Concrete

Dalmia Bharat Acquires Jaiprakash Associates Cement Assets for ₹2,850 Crore

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Dalmia Cement executed a Business Transfer Agreement with Jaiprakash Associates and Adani Infra, to acquire 5.2 MnTPA of cement capacity across Madhya Pradesh and Uttar Pradesh.

Dalmia Cement (Bharat) announced on May 22, 2026 that it had signed a Business Transfer Agreement with Jaiprakash Associates Limited and Adani Infra (India) Limited for the acquisition of cement plants located at Rewa in Madhya Pradesh and Churk, Chunar and Sadwa in Uttar Pradesh. The deal was struck at an enterprise value of ₹2,850 crore and is expected to close within two weeks of execution.

The acquired assets from Jaiprakash Associates include 5.2 MnTPA of cement capacity and 3.3 MnTPA of clinker capacity. The package also covers 99 MW of thermal power capacity and railway sidings at Rewa, Chunar, and a common siding at Churk. This infrastructure gives the acquisition immediate operational utility beyond just production tonnage.

The transaction has a long backstory. Dalmia Cement had originally entered into a framework agreement with Jaiprakash Associates in December 2022, covering the sale of these business assets along with a long-term clinker supply arrangement. However, before the deal could be completed, Jaiprakash Associates was admitted to insolvency proceedings under the Insolvency and Bankruptcy Code. The earlier agreements could not be consummated as a result.

In an official statement, Puneet Dalmia, Managing Director & CEO, Dalmia Bharat, said, “I am very excited about addition of these assets in our portfolio. This serves as a great strategic fit for Dalmia. It helps us move forward in our journey to be a pan India player and provide a strong head start to serve the high potential markets in Central region. I am optimistic that the expansion potential of these assets along with close proximity with Dalmia’s captive mines will help us create a capacity hub for the future”.

Following the approval of Adani Group’s resolution plan for Jaiprakash Associates under the IBC framework, Dalmia approached the new management to revive discussions. The fresh Business Transfer Agreement was executed to settle all pending disputes, legal proceedings, and arbitration matters arising from the original framework agreement with Jaiprakash Associates.

Expanding market reach

Dalmia added, “Our familiarity with these assets under the earlier tolling arrangement gives us a deep understanding of the facilities and helps us establish strong connect with channel partners and vendors. We believe that this will help us in faster ramp up of capacities and quicker inroads into the market. As we look forward, I am very confident that we will be able to leverage the strengths of Dalmia to operate these assets in a manner where we can maximise value creation for all our stakeholders.”

With the addition of these plants, Dalmia Bharat’s total installed cement capacity will rise to 54.7 MnTPA upon consummation. The company has further expansion projects underway at Belgaum, Pune, and Kadapa, which are expected to take overall capacity to 66.7 MnTPA by Q2 to Q3 FY28.

The Central India location of the Jaiprakash Associates plants gives Dalmia Bharat faster access to markets in Madhya Pradesh and Uttar Pradesh than a greenfield build would have allowed. The company also cited debottlenecking and brownfield expansion as near-term opportunities at the acquired sites. Dalmia Bharat said the assets were expected to contribute positively to EBITDA and overall returns, given the pricing environment in the region and the company’s cost structure.

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