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Sustainability is becoming a strategic priority

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Pushpank Kaushik, CEO, Jassper Shipping, discusses how integrated logistics, digital tools and sustainable transport solutions are transforming cement movement from plant to project site.

The cement industry is increasingly moving from fragmented transportation models to integrated, end-to-end logistics solutions that improve visibility, coordination and efficiency across the supply chain. At the same time, sustainability initiatives and EV-led last-mile delivery are beginning to reshape logistics strategies in heavy industries. Pushpank Kaushik CEO, Jassper Shipping, explains how manufacturers will have to master integrated logistics and use it as a competitive advantage in an increasingly demanding market.

How are integrated end-to-end logistics solutions transforming cement movement from plant to project site in India?
The logistics landscape in India is steadily shifting from fragmented transportation models to fully integrated, end-to-end solutions. Traditionally, cement movement involved multiple intermediaries, leading to inefficiencies, delays, and limited visibility across the supply chain. This challenge is being addressed by streamlining the entire logistics journey from plant to project site under a unified operational framework. Such an integrated approach enhances transparency, reduces handling inefficiencies and improves coordination across all touchpoints.
In infrastructure-driven sectors like cement, where timelines are critical, seamless connectivity plays a key role in preventing delays and ensuring project continuity. Additionally, in the current environment of geopolitical uncertainties, particularly disruptions in key maritime routes such as the Red Sea, a robust, integrated logistics strategy enables faster adaptability and better resource optimisation, ensuring supply chain continuity.

What are the key operational challenges in handling bulk and bagged cement across ports, road networks and last-mile delivery?
Handling cement, both in bulk and bagged form presents several operational challenges across the logistics chain. These include inadequate road infrastructure, port congestion during peak demand periods and weather-related disruptions. At ports, limited mechanisation during high-volume periods can slow down cargo movement, increasing the risk of moisture exposure and product degradation. Jassper mitigates these challenges through its extensive operational expertise and global network. Managing a significant volume of vessel movements annually and working closely with experienced mariners and operators, we ensure precise coordination, efficient cargo handling, and smooth transitions across all logistics stages.

How does multi-modal logistics integration help optimise cost, turnaround time and reliability in cement supply chains?
Multi-modal logistics integration plays a critical role in enhancing efficiency and reliability in cement supply chains. Given India’s diverse geography, reliance on a single mode of transport is neither cost-effective nor operationally resilient. In fact, according to an IBEF report, logistics costs in India account for nearly 13 per cent to 14 per cent of GDP, significantly higher than global benchmarks of 8 per cent to 10 per cent, underscoring the need for more efficient and integrated transport solutions.
By strategically combining sea, rail, and road transportation, a more flexible and optimised logistics network can be created. For instance, leveraging rail or coastal shipping for long-haul movement can significantly reduce costs compared to road-only transport, while also improving transit efficiency. A multi-modal approach also enables better route
planning, minimises bottlenecks, and reduces turnaround time, thereby improving overall operational efficiency and ensuring greater reliability, even in the face of unforeseen disruptions.

What role do digital tools, AI and automation play in improving visibility, coordination and efficiency in logistics operations?
Digitalisation, automation and artificial intelligence (AI) are redefining modern logistics operations. Tools such as real-time tracking systems and AI-powered dashboards enable end-to-end visibility, allowing stakeholders to monitor shipments at every stage and make informed decisions proactively.
Transparency is maintained through continuous updates on shipment status, estimated delivery timelines, and any potential disruptions. At the same time, automation streamlines key processes such as documentation, cargo handling, and fleet management, reducing manual intervention and enhancing overall operational efficiency.
In a volatile global environment, where geopolitical conflicts can impact shipping routes and schedules, AI-driven insights play a crucial role in predicting delays, identifying alternative routes, and enabling proactive decision-making, shifting the industry from reactive to predictive logistics management.

How are sustainability initiatives such as EV-led logistics reshaping last-mile delivery in heavy industries like cement?
Sustainability is increasingly becoming a strategic priority in logistics, particularly in heavy industries such as cement. One of the key transformations is the gradual adoption of electric vehicles (EVs) in last-mile delivery. EV-led logistics solutions are being explored and integrated to reduce carbon emissions and improve overall operational efficiency. Beyond environmental benefits, EVs also help optimise fuel costs and align with regulatory frameworks in major urban markets that prioritise sustainable transportation. While the transition remains gradual, it reflects a broader industry shift towards building greener and more sustainable supply chains over the long term.

How important is port-led logistics and efficient cargo handling in strengthening cement distribution across domestic and export markets?
Port-led logistics is a critical enabler in the cement supply chain, particularly for both domestic distribution and export operations. Efficient cargo handling at ports ensures faster turnaround times, reduced dwell time and seamless connectivity with inland transportation networks. For a maritime-focused organisation like Jassper, port efficiency directly influences service reliability and customer satisfaction. In the current global scenario, where geopolitical developments continue to impact maritime trade routes, efficient port operations become even more crucial. They enable quicker cargo movement, facilitate route adjustments when necessary and ensure continuity of supply across both domestic and international markets.

  • -Kanika Mathur

Concrete

Cement Makers’ Margins To Fall Rs 50-75 Per Tonne Amid West Asia Conflict

Crisil Sees Margins Easing Despite Steady Demand

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Crisil said operating margins of Indian cement manufacturers are expected to decline by Rs 50-75 per tonne (t) this fiscal to Rs 925-950 per t due to higher input costs triggered by the West Asia conflict. The analysis covered 18 cement companies accounting for nearly 90 per cent of India’s domestic cement capacity and noted margins had improved sharply to around Rs 1,000 per t in fiscal 2026.

Crisil noted that the reduction would be driven mainly by higher power and fuel costs, which account for about 30 per cent of total costs, as petcoke and imported coal prices have surged amid geopolitical uncertainties. Freight costs, which account for about a quarter of total costs, are also expected to remain elevated because of higher diesel prices. The impact on profitability is likely to be more pronounced in the first half of the fiscal year before easing commodity prices moderate cost pressures later.

The rating agency said steady domestic demand and strong balance sheets should keep credit profiles stable despite the moderation in margins. Green energy currently accounts for 35-40 per cent of the sector’s total electricity consumption and is expected to partly cushion higher energy costs. Operating cash flows are likely to remain resilient, supported by projected 6-7 per cent growth in cement demand this fiscal.

Crisil highlighted that demand growth will be driven primarily by infrastructure spending, which meets about one-third of sector consumption, and by a nearly 18 per cent higher budgetary allocation for core ministries that should support project execution. Weaker rural housing demand amid pressure on agricultural incomes from a possible below-average monsoon may be offset by improved urban housing demand supported by favourable home-loan rates and a strong pipeline of Pradhan Mantri Awas Yojana-Urban projects. Ongoing capacity additions will keep capital expenditure elevated and may lift net debt to EBITDA to between 1.2 and 1.4 times from around 1.0 time last fiscal, though ratios are expected to remain healthy.

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Concrete

UltraTech Board Approves Rs 50 bn Fundraise Via NCDs

Company to issue half a million debentures for expansion plan

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UltraTech Cement’s board of directors has approved raising Rs 5,000 crore (Rs 50 bn) through non?convertible debentures issued in rupees.

The finance committee cleared a proposal to issue up to 500,000 fully paid, unsecured, listed, rated, redeemable, rupee?denominated, non?convertible, non?cumulative debentures of Rs 1 lakh each (Rs 0.1 mn each), aggregating to the Rs 5,000 crore programme.

As of June 2026 the firm reported net debt of Rs 15,875 crore (Rs 158.75 bn) and said its capacity expansion projects under execution are backed by capital expenditure of about Rs 17,000 crore (Rs 170 bn) over the next two to two?and?a?half years.

UltraTech spent Rs 9,500 crore (Rs 95 bn) on capital expenditure in financial year 2026 and in April the group crossed 200.1 mn tonnes per annum of domestic grey cement capacity and 205.5 mn tonnes per annum of global capacity.

The chief financial officer indicated the company would take consolidated capacity beyond 242 mn tonnes per annum, with grey cement capacity reaching 212.7 mn tonnes per annum by the end of financial year 2027. He noted the net debt?to?earnings before interest, taxes, depreciation and amortisation ratio stood at 0.87 times as of June 2026 and the company was confident of ending financial year 2027 with the ratio below one time.

In the first quarter of financial year 2026?27 UltraTech’s net profit attributable to owners rose 16.8 per cent year?on?year to Rs 2,599.3 crore (Rs 25.993 bn) and revenue from operations increased 15.9 per cent to Rs 24,648.20 crore (Rs 246.482 bn). The board approval is expected to complement internal cash flows as the company advances its expansion programme.

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Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

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Andhra Pradesh Education and IT Minister Nara Lokesh on Wednesday laid the foundation stone for the Line-2 expansion of Dalmia Bharat Cement at Chinnakomerla village in Mylavaram Mandal in Kadapa district. The project carries an investment of Rs 31 billion (bn) and is slated for completion by the third quarter of the financial year 2028. The expansion is intended to boost industrial growth and employment generation across the Rayalaseema region.

Once commissioned, the Kadapa facility will become Dalmia Bharat’s largest integrated cement manufacturing ecosystem in southern India, creating over 1,000 direct and indirect jobs and opening new business avenues for regional micro, small and medium enterprises and transport operators. Lokesh said the expansion signalled growing corporate confidence in the state and reflected the practical ease of doing business that secured repeat investment.

He placed the project within the government’s wider economic targets and recalled the Yuvagalam padayatra commitment to generate two million (mn) jobs within five years, noting that the state would cultivate talent while industry created opportunities. Lokesh highlighted Andhra Pradesh’s competitive pursuit of major manufacturing accounts, mentioning past successes and a personal initiative to engage global investors when persuading them to anchor expansion in the state.

The plant will leverage Kadapa’s abundant limestone reserves to scale production and sustainability. Clinker capacity is planned to rise from two point five million tonnes per annum (mn tpa) to six point one mn tpa, while overall cement output will increase from three point six mn tpa to nine point six mn tpa. The unit is designed to operate on over eighty per cent renewable energy and deploy waste heat recovery, zero liquid discharge, water recycling and advanced AI systems to optimise efficiency. Industries Minister TG Bharat, BC Welfare Minister S. Savitha and Jammalamadugu MLA C. Adinarayana Reddy attended the ceremony.

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