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16th NCB International Seminar on Cement, Concrete and Building Materials

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The event was held from December 03 to 06, 2019 at Manekshaw Centre, New Delhi. It was inaugurated at the hands of Dr. Guruprasad Mohapatra, Secretary, DPIIT, Ministry of Commerce and Industry by lighting a ceremonial lamp and further the dignitaries on the dais were welcomed by giving a sapling to signify the theme of the seminar"Clean and Green is Sustainable" The eminent personalities spoke on the occasion, the extract of the same is given below:

Dr. B.N.Mohapatra, Director General -NCB, Chairman Organising Committee The Director General – NCB, welcomed the delegates who were 1200 in numbers and came from various countries like China, Japan, Czech Republic, France, U.K., Denmark, Germany, Hungary, Portugal, Italy, Yemen, Nepal and Bhutan. He added saying that cement industry plays a vital role because of its linkage to infrastructure, railways, housing, coal, steel, power and refinery etc. He added, NCB carries out research programs jointly with industry in a time bound manner in areas like use of low grade lime stone, clinker formation at lower temperature, use of high Magnesia lime stone, use of coarser fly ash and increase in use of AFR. It also extends its work to the application of cement and skill development in cement plants. NCB works in close coordination with Bureau of Indian Standards and with educational institutes like IITs.

Mahendra Singhi, Chairman NCB, President; Cement Manufacturers’ Association, Managing Director and CEO of Dalmia Cement (Bharat) Ltd.

It is more than just a seminar it is a conference on Innovation. Initially he praised Dr. B. N. Mohapatra, Director General NCB for doing his best and putting efforts to disseminate knowledge among cement fraternity. He said that seminar like this will make us future ready. Initially he highlighted the achievements of the industry and that of his peers on lowering carbon foot print and improving energy efficiency. While comparing the cement industry from other countries, he said we are one of the most energy efficient. He added that we are one of the largest contributor to the exchequer and second largest contributor of revenue to Indian Railways. He said we have converted our challenges into opportunities. Today close to 80 percent of entire production is blended cements. Many of our plants are water positive. Industry is in the forefront of converting waste into fuel. Last year we have used 3 million tonnes of waste as fuel for our kilns in just one month. We have over achieved our energy targets set for PAT cycle no.1. Five of our group members have been recognised as top most; worldwide in energy efficiency and low carbon foot print. Government of India recognises our efforts and the industry is showcased in various forums outside the country. During his speech Singhi narrated many examples from Ramayana and other mythology. He said that cement industry is setting an example in circular economy. He then brought to the attention of the audience to various challenges industry is facing. He said when the challenges before us are big, we need to intensify our efforts and determination so that we can overcome these challenges. Today the major challenges before us are: 1) reduction in use of fossil fuels 2) reduce lime stone consumption 3) reduce carbon di oxide emission 4) enhance the speed of construction. He said with NCB supporting the industry and with advent of new technologies we should be able to convert these challenges into opportunities. About the renewable power, he said the industry has potential of producing 50 GW of power. As a word of caution, he said disruption is coming and be ready for it. He added that with solar technology it is possible to get a temperature of 14000 C and carbon capture technology is going to be here. With use of technology; various carbon products can be produced. This will be game changer.

K.K.Maheshwari, Managing Director, UltraTech Cement Ltd. To start with Maheshwari complemented the work done by NCB and Dr. Mohapatra. He appreciated NCB’s efforts in in partnering with industry, protecting the interest of consumers and advising the Government on new developments. He drew attention of the audience to the theme "Clean and Green is sustainable" He said we at UltraTech have been working on sustainability from the year 2005 much before sustainability became the buzz word. He said cement industry in India is proactive and much ahead of time. He said we have been working on four principles of sustainability.

1)environment 2) energy consumption 3) right to operate and right earn for every one and 4) taking care of surroundings, communities. While elaborating on each point he added that we have over a period of time reduced our CO2 emissions by 36 percent and specific energy consumption for per tonne of clinker has been brought down. On both fronts we are much better off compared to world average or even Europe. About AFR, we are at TSR of meagre 4 percent whereas Europe is at 41 percent. We need to work and improve this number. While today; we talk about circular economy which we are practising for long time. Singhiji has said that cement industry has processed 30 million tonnes of waste which is nothing but circular economy. He added that we burn more plastic than any other industry. Regarding environment footprint, he said setting up grinding station close to the market helps in reducing carbon emissions. Talking about renewable energy, Maheswari said, Waste Heat Recovery System should be classified as renewable energy. He further said that generally cement plants are set up in water starved areas. Many of our plants are already water positive. He further added that we should go beyond cement and look into the applications of cement. Cement gets converted into concrete or shapes which is a value addition. He said that we have a very small portion of cement going via ready mix which needs to grow. Our success lies in making such concrete products that have immediate acceptance from the user. About carbon capture technology he had a different thinking. He said the technology demands huge land bank for storage of captured carbon and we as a country are land starved. Therefore before going for such technology, we should think twice. It is not suitable for our country. About the energy cost, he said we already have high energy costs and therefore any reduction in energy consumption has always had a positive impact on the cost structure. He again emphasised that what is good for environment is good for economics.

Anil Agrawal, Jt. Secretary, DPIIT, Ministry of Commerce and Industry. Anil Agarwal initially attempted to put a total picture of Government initiatives before the audience. He talked about the projects like Bharat Mala, Sagar Mala, Expansion in Railway tracks, developments of industrial corridors and Development of new airports, Smart cities and housing for all. All these projects cover the length and breadth of the country. He further said that the construction industry of our country in the next year is going to be of 180 billion US dollars and the growth of construction industry in the next ten years is going to be of the order of 6 to 7 percent. In short he drew a very rosy picture on the construction front. He lauded the efforts of cement industry for energy efficiency and Swachata abhiyan and cement industry helped in processing about 7000 tonnes of plastic waste few months ago. He further asserted that when you visit fortune 500 companies listed in the year 2009 and in 2019, there is only one striking feature, those organisations have survived in 2019, that have continuously innovated. Therefore innovation is not a choice it is must for survival. There are five areas where cement industry needs to innovate. 1) use of energy 2) emissions 3) waste heat recovery system 4) newer sustainable products 5) overall efficiency in the entire production chain. He left the audience with a thought of total captive renewable energy for a cement plant? He raised a concern about the pricing practises followed by the cement industry.

Dr. Guruprasad Mohapatra, Secretary, DPIIT, Ministry of Commerce and Industry. He released the book on seminar proceedings followed by the release of the CD in the soft form. In the inaugural address he appreciated the history of NCB for the last 30 years and also the bi annual event organised by NCB. He mentioned about the reduction in corporate tax and said that it should be a boost for the cement industry. He said the role of cement industry is going to be crucial for development of roads and other infrastructure in taking the Indian economy to 5 trillion mark by the year 2025. He appreciated the plan of cement industry to burn plastic to the tune of 12 million tonnes annually. He emphasised the use of alternate fuels and to take the numbers to higher levels, he suggested adopting best practises from West. He referred about the use of 67 million tonnes of municipal solid waste out of which 20 percent is combustible as a fuel and he proposed that he would look into the logistic problems faced by the industry. He was pleased with target set of 12 million tonnes plastic waste to be processed by the cement industry. Regarding renewable energy, he said he hopes cement industry would extend support to Government’s ambitious target of generating 400 Giga watts of power. He said it is unfortunate that Green tribunal has put a ban on the construction activity in NCR due to pollution problems. He suggested that to find out scientific solutions to such problems. In bound and out bound logistics is an important area where there is scope for lowering the carbon foot print. He said NCB should be proactive in solving the problems of industry. Dr. S.K.Chaturvedi, Organising Secretary gave vote of thanks.

Hon’ble Minister of Commerce and Industry, Piyush Goyal at NCB seminar on 3rd December 2019

By the end of first day proceedings of the seminar, the Hon’ble Commerce Minister Piyush Goyal participated in the event. He released a compendium "The Cement Industry -India 2019." Later on there was a prize distribution to the winners of Energy Efficiency, Environmental and quality excellence. He lauded the cement industry for achieving the world class standards, contributing in nation building and making India proud. He brought to the attention that 40 years back China was behind us but today they have overtaken us and have become number 1 in capacity building and per capita consumption. He then touched upon the social aspects of the day, 3rd December; which happens to be an international day for persons with disabilities. He appealed to the audience to play a role to provide work opportunities to Divyangs. He said considering the number of employment opportunities, collectively we can work together to make their life better and the other sectors of industry can follow the model set by cement industry. He suggested of creating a separate website for the cause. Later on talking about the present time, he said every industry goes through a cycle, when we can sit back; look at the pricing pattern, cost inputs, productivity levels and think of eliminating waste. Every 4 to 5 years; we pass through this phase. The time right now can be used for such exercise. He was concerned about the pollution caused in the entire business chain of cement usage from transport to construction. He suggested industry as whole should collectively work for reducing dust emissions. He further said sustainability is not always at cost but can be profitable also. He proposed to improve the quality of cement in such a way so that less cement is required for the same application and though there may be an increase of cost, it can be offset by saving earned in other areas like packing and transportation. He then emphasised on the use of water and in the years to come water is going to become scares so avoid wasting water. He narrated an example of Railways, about how they managed to save water while washing passenger coaches from 15000 litres per coach to just 300 litres by resorting to mechanical washing from manual cleaning. While talking about the image of the industry, he was not happy, he said perception outside is not good and you need to improve your image and for that you will have to come forward and do something. Outsiders will not help you. He further suggested to the industry to extend insurance cover or a pension scheme to all the direct and indirect employees especially from unorganised sector like loaders, transporters, dealer staff etc. involved in the eco system around you so as to create goodwill about the industry. It will not only build an image of the industry but also will have huge contribution to the nation and its people. Regarding Railways he said his ministry is coming out with a revised scheme of own your wagons for industry which will be more liberal and open so as to bring down the logistic cost. Regarding new developments, he opined that industry must work to bring down the construction time by bringing in new products otherwise you may lose out to steel companies, because steel can replace concrete structures. At the end he said that cement industry is doing yeomen contribution to the nation building and to the people of India.

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Concrete

Cement Margins Seen Rising 12–18 per cent in FY26

Healthy demand and GST cut to boost cement profits per tonne.

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Cement companies’ operating profit for fiscal year 2026 (FY26) is projected to grow by 12–18 per cent, reaching Rs 900–950 per metric tonne (MT), supported by robust demand, improved realisations, and stable input costs, according to ratings agency Icra.
In FY25, operating profit before interest, depreciation, tax and amortisation (OPBIDTA) stood at Rs 806 per MT, declining 16 per cent year-on-year due to weak realisations amid an extended monsoon and subdued government capital expenditure during the general elections.
Icra’s sample covers ACC, Ambuja Cements, JK Cements, JK Lakshmi Cement, The Ramco Cements, UltraTech Cement, Dalmia Bharat, Birla Corporation, Shree Cement, Sagar Cements, and Heidelberg Cement India, which together account for 74 per cent of industry capacity.
The recent GST cut on cement is expected to lower rural housing construction costs by 0.8–1.0 per cent, boosting volumes and supporting additional capacity. Average cement realisations are expected to rise 3–5 per cent in FY26.
Cement volumes increased by 8.5 per cent in the first five months of FY26, driven by strong demand from housing and infrastructure projects, despite early monsoons in some regions. During this period, cement prices rose 7.4 per cent year-on-year, particularly in northern and eastern markets. Input costs, especially for pet coke and freight, remain sensitive to global crude price movements and geopolitical factors.
Anupama Reddy, vice-president and co-group head of corporate ratings at Icra, said: “With the GST rate cut from 28 per cent to 18 per cent expected to be passed on to consumers, the average retail price of cement, currently Rs 350–360 per bag, will offer savings of Rs 26–28 per bag. Driven by strong demand, capacity additions may rise to 41–43 million metric tonnes per annum (MMTPA) in FY26 from 31 MMTPA in FY25, with the eastern region leading the growth in grinding capacity.”

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Adani’s Strategic Emergence in India’s Cement Landscape

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Milind Khangan, Marketing Head, Vertex Market Research, sheds light on Adani’s rapid cement consolidation under its ‘One Business, One Company’ strategy while positioning it to rival UltraTech, and thus, shaping a potential duopoly in India’s booming cement market.

India is the second-largest cement-producing country in the world, following China. This expansion is being driven by tremendous public investment in the housing and infrastructure sectors. The industry is accelerating, with a boost from schemes such as PM Gati Shakti, Bharatmala, and the Vande Bharat corridors. An upsurge in affordable housing under the Pradhan Mantri Awas Yojana (PMAY) further supports this expansion. In May 2025, local cement production increased about 9 per cent from last year to about 40 million metric tonnes for the month. The combined cement capacity in India was recorded at 670 million metric tonnes in the 2025 fiscal year, according to the Cement Manufacturers’ Association (CMA). For the financial year 2026, this is set to grow by another 9 per cent.
In spite of the growing demand, the Indian cement industry is highly competitive. UltraTech Cement (Aditya Birla Group) is still the market leader with domestic installed capacity of more than 186 MTPA as on 2025. It is targeted to achieve 200 MTPA. Adani Cement recently became a major player and is now India’s second-largest cement company. It did this through aggressive consolidation, operational synergies, and scale efficiencies. Indian players in the cement industry are increasingly valuing operational efficiency and sustainability. Some of the strategies with high impact are alternative fuels and materials (AFR) adoption, green cement expansion, and digital technology investments to offset changing regulatory pressure and increasing energy prices.

Building Adani Cement brand
Vertex Market Research explains that the Adani Group is executing a comprehensive reorganisation and consolidation of its cement business under the ‘One Business, One Company’ strategy. The plan is to integrate its diversified holdings into one consolidated corporate entity named Adani Cement. The focus is on operating integration, governance streamlining, and cost reduction in its expanding cement business.
Integration roadmap and key milestones:

  • September 2022: The consolidation process started with the $6.4 billion buyout of Holcim’s majority stakes in Ambuja Cements and ACC, with Ambuja becoming the focal point of the consolidation.
  • December 2023: Bought Sanghi Industries to strengthen the firm’s presence in western India.
  • August 2024: Added Penna Cement to the portfolio, improving penetration of the southern market of India.
  • April 2025: Further holding addition in Orient Cement to 46.66 per cent by purchasing the same from CK Birla Group, becoming the promoter with control.
  • Ambuja Cements amalgamated with Adani Cement: This was sanctioned by the NCLT on 18th July 2025 with effect from April 1, 2024. This amalgamation brings in limestone reserves and fresh assets into Ambuja.
  • Subject to Sanghi and Penna merger with Ambuja: Board approvals in December 2024 with the aim to finish between September to December 2025.
  • Ambuja-ACC future integration: The latter is being contemplated as the final step towards consolidation.
  • Orient Cement: It would serve as a principal manufacturing facility following the merger.

Scale, capacity expansion and market position
In financial year-2025, Adani Cement, including Ambuja, surpassed 100 MTPA. This makes it one of the world’s top ten cement companies. Along with ACC’s operations, it is now firmly placed as India’s second-largest cement company. In FY25, the Adani group’s sales volume per annum clocked 65 million metric tonnes. Adani Group claims that it now supplies close to 30 per cent of the cement consumed in India’s homes and infrastructure as of June 2025.
The organisation is pursuing aggressive brownfield expansion:

  • By FY 2026: Reach 118 MTPA
  • By FY 2028: Target 140 MTPA

These goals will be driven by commissioning new clinker and grinding units at key sites, with civil and mechanical works underway.
As of 2024, Adani Cement had its market share pegged at around 14 to 15 per cent, with an ambition to scale this up to 20 per cent by FY?2028, emerging as a potent competitor to UltraTech’s 192?MTPA capacity (186 domestic and overseas).

Strategic advantages and competitive benefits
The consolidation simplifies decision-making by reducing legal entities, centralising oversight, and removing redundant functions. This drives compliance efficiency and transparent reporting. Using procurement power for raw materials and energy lowers costs per ton. Integrated logistics with Adani Ports and freight infrastructure has resulted in an estimated 6 per cent savings in logistics. The group aims for additional savings of INR 500 to 550 per tonne by FY 2028 by integrating green energy, using alternative fuel resources, and improving sourcing methods.

Market coverage and brand consistency
Brand integration under one strategy will provide uniform product quality and easier distribution networks. Integration with Orient Cement’s dealer base, 60 per cent of which already distributes Ambuja/ACC products, enhances outreach and responsiveness.
By having captive limestone reserves at Lakhpat (approximately 275 million tonnes) and proposed new manufacturing facilities in Raigad, Maharashtra, Adani Cement derives cost advantage, raw material security, and long-term operational robustness.

Strategic implications and risks
Consolidation at Adani Cement makes it not just a capacity leader but also an operationally agile competitor with the ability to reap digital and sustainability benefits. Its vertically integrated platform enables cost leadership, market responsiveness, and scalability.

Challenges potentially include:

  • Integration challenges across systems, corporate cultures, and plant operations
  • Regulatory sanctions for pending mergers and new capacity additions
  • Environmental clearances in environmentally sensitive areas and debt management with input price volatility

When materialised, this revolution would create a formidable Adani–UltraTech duopoly, redefining Indian cement on the basis of scale, innovation, and sustainability. India’s leading four cement players such as Adani (ACC and Ambuja), Dalmia Cement, Shree Cement, and UltraTech are expected to dominate the cement market.

Conclusion
Adani’s aggressive consolidation under the ‘One Business, One Company’ strategy signals a decisive shift in the Indian cement industry, positioning the group as a formidable challenger to UltraTech and setting the stage for a potential duopoly that could dominate the sector for years to come. By unifying operations, leveraging economies of scale, and securing vertical integration—from raw material reserves to distribution networks—Adani Cement is building both capacity and resilience, with clear advantages in cost efficiency, market reach, and sustainability. While integration complexities, regulatory hurdles, and environmental approvals remain key challenges, the scale and strategic alignment of this consolidation promise to redefine competition, pricing dynamics, and operational benchmarks in one of the world’s fastest-growing cement markets.

About the author:
Milind Khangan is the Marketing Head at Vertex Market Research and comes with over five years of experience in market research, lead generation and team management.

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Concrete

Precision in Motion: A Deep Dive into PowerBuild’s Core Gear Series

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PowerBuild’s flagship Series M, C, F, and K geared motors deliver robust, efficient, and versatile power transmission solutions for industries worldwide.

Products – M, C, F, K: At the heart of every high-performance industrial system lies the need for robust, reliable, and efficient power transmission. PowerBuild answers this need with its flagship geared motor series: M, C, F, and K. Each series is meticulously engineered to serve specific operational demands while maintaining the universal promise of durability, efficiency, and performance.
Series M – Helical Inline Geared Motors: Compact and powerful, the Series M delivers exceptional drive solutions for a broad range of applications. With power handling up to 160kW and torque capacity reaching 20,000 Nm, it is the trusted solution for industries requiring quiet operation, high efficiency, and space-saving design. Series M is available with multiple mounting and motor options, making it a versatile choice for manufacturers and OEMs globally.
Series C – Right Angled Heli-Worm Geared Motors: Combining the benefits of helical and worm gearing, the Series C is designed for right-angled power transmission. With gear ratios of up to 16,000:1 and torque capacities of up to 10,000 Nm, this series is optimal for applications demanding precision in compact spaces. Industries looking for a smooth, low-noise operation with maximum torque efficiency rely on Series C for dependable performance.
Series F – Parallel Shaft Mounted Geared Motors: Built for endurance in the most demanding environments, Series F is widely adopted in steel plants, hoists, cranes, and heavy-duty conveyors. Offering torque up to 10,000 Nm and high gear ratios up to 20,000:1, this product features an integral torque arm and diverse output configurations to meet industry-specific challenges head-on.
Series K – Right Angle Helical Bevel Geared Motors: For industries seeking high efficiency and torque-heavy performance, Series K is the answer. This right-angled geared motor series delivers torque up to 50,000 Nm, making it a preferred choice in core infrastructure sectors such as cement, power, mining, and material handling. Its flexibility in mounting and broad motor options offer engineers’ freedom in design and reliability in execution.
Together, these four series reflect PowerBuild’s commitment to excellence in mechanical power transmission. From compact inline designs to robust right-angle drives, each geared motor is a result of decades of engineering innovation, customer-focused design, and field-tested reliability. Whether the requirement is speed control, torque multiplication, or space efficiency, Radicon’s Series M, C, F, and K stand as trusted powerhouses for global industries.

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