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ACC and Ambuja Cements bring breakthrough technology in Logistics

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Holcim in India is deploying its industry-leading Transport Analytics Center (TAC) in 35 plants of ACC and Ambuja to optimise its logistics for road safety, enhanced efficiency and sustainability. TAC is currently tracking more than 20,000 trucks through various data sources like ERP, In Vehicle monitoring system (IVMS), NFC, RFID and others for advanced analytics and artificial intelligence applications.

Neeraj Akhoury, CEO India Holcim and Managing Director & CEO of Ambuja Cements Ltd said, ??AC has proven to be a great catalyst in achieving our net zero goal. It is also a testament to our digital expertise in creating cutting edge digital solutions for our drivers and communities. I am happy to see that our Logistics, IT and Digital teams are not only ensuring driver?? safety and logistics efficiency but also pushing the boundaries of innovation to reach zero harm and reduce overall emissions.

Globally, transportation accounts for around a fifth of the world?? emissions and going farther with less is an essential part of ACC and Ambuja Cement?? Net-Zero pledge.

In India, TAC was implemented in 2018 to monitor road safety KPIs which helped both the companies to achieve nearly 75% kms without any safety violations and a 60% reduction in offsite incidents. In the journey along with ACC and Ambuja, TAC provided data analytics on a daily basis to the Driver Management Center (DMC) in all the 35 plants for focused intervention in the form of training and coaching the drivers to improve their driving behavior. This intervention has helped proactively act on ??t risk??drivers. On the other hand, it enables Transporters engagement in the process and ensures drivers’ participation with a structured reward and recognition program.

For enhancing efficiency, TAC has now moved towards providing solutions to support cost and operation. TAC provides analytics on freight, distance, turnaround time, route adherence, leads and direct dispatches. The recent addition of the TAC KPI Tree application in India provides all the logistics KPIs from ACC and Ambuja to the customer level at a click of a button. This helps companies to drive efficiency improvement and monitor its impact with great ease.

To continuously reduce its environmental footprint in line with its scope 3 emissions target, TAC through its proprietary digital tool enables transparent tracking of its transportation emissions, including those of its third-party suppliers. On its net-zero journey, Holcim set itself its industry?? first scope 3 emissions reduction target, with the aim to reduce its Scope 3 emissions related to transportation and fuels by 20% in 2030. With TAC, Holcim is accelerating its scope 3 emissions reduction target.

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Steel companies face Rs 89,000 crore inventory crisis

Steel firms grapple with Rs 89,000 crore stockpile amid import surge.

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Steel companies in India are facing a significant challenge as they contend with an inventory crisis valued at approximately Rs 89,000 crore. This situation has arisen due to a notable increase in steel imports, which has put pressure on domestic producers struggling to maintain sales in a competitive market.

The surge in imports has been fueled by various factors, including fluctuations in global steel prices and increased production capacities in exporting countries. As a result, domestic steel manufacturers have found it difficult to compete, leading to rising stock levels of unsold products. This inventory buildup has forced several companies to reassess their production strategies and pricing models.

The financial impact of this inventory crisis is profound, affecting cash flows and profitability for many steel firms. With domestic demand remaining volatile, the pressure to reduce prices has increased, further complicating the situation for manufacturers who are already grappling with elevated production costs.

Industry experts are urging policymakers to consider measures that can support local steel producers, such as imposing tariffs on imports or enhancing trade regulations. This would help to protect the domestic market and ensure that Indian steel companies can compete more effectively.

As the steel sector navigates these challenges, stakeholders are closely monitoring the situation, hoping for a turnaround that can stabilize the market and restore confidence among investors. The current dynamics emphasize the need for a robust strategy to bolster domestic production and mitigate the risks associated with excessive imports.

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JSW and POSCO collaborate for steel plant

JSW Group and POSCO ink MoU for steel project.

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JSW Group has signed a Memorandum of Understanding (MoU) with South Korea’s POSCO Group to develop an integrated steel plant in India. This collaboration aims to enhance India’s steel production capacity and contribute to the country’s growing manufacturing sector.

The agreement was formalized during a recent meeting between executives from both companies, highlighting their commitment to sustainable development and technological innovation in the steel industry. The planned facility will incorporate advanced manufacturing processes and adhere to environmentally friendly practices, aligning with global standards for sustainability.

JSW Group, a leader in the Indian steel industry, has expressed confidence that the joint venture with POSCO will bolster its position in the market and accelerate growth. The project is expected to attract significant investments, generating thousands of jobs in the region and contributing to local economies.

As India aims to boost its steel output to meet domestic demand and support infrastructure projects, this partnership signifies a crucial step toward achieving those goals. Both companies are committed to leveraging their expertise to develop a state-of-the-art facility that will produce high-quality steel products while minimizing environmental impact.

This initiative also reflects the increasing collaboration between Indian and international firms to enhance industrial capabilities and foster economic growth. The MoU sets the stage for a promising future in the Indian steel sector, emphasizing innovation and sustainability as key drivers of success.

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Ambuja plans expansion through acquisitions

Ambuja Cements targets 140 million tonne capacity.

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Ambuja Cements, a subsidiary of the Adani Group, is strategically positioning itself for substantial growth with plans to expand its production capacity to 140 million tonnes per annum (MTPA). This ambitious target will be pursued primarily through a series of acquisitions, reflecting the company’s intent to strengthen its foothold in the Indian cement market.

The company aims to tap into the growing demand for cement driven by ongoing infrastructure projects and urbanization across India. Ambuja Cements has identified several potential acquisition targets that align with its long-term growth strategy, aiming to bolster its existing capacity and operational efficiency.

With this expansion plan, Ambuja Cements is poised to enhance its competitive advantage in the rapidly evolving cement industry. The company’s proactive approach underscores its commitment to maintaining a leadership position in the market, particularly as the construction sector continues to rebound post-pandemic.

Ambuja Cements’ expansion initiative will also contribute to the Adani Group’s broader goals of sustainability and innovation. By incorporating advanced technologies and sustainable practices in its operations, the company seeks to minimize its environmental footprint while maximizing productivity.

The anticipated growth in capacity will not only support Ambuja Cements’ business objectives but also play a crucial role in meeting the infrastructure needs of a growing nation. As the demand for cement escalates, Ambuja Cements is determined to ensure that it is well-equipped to meet the challenges and opportunities that lie ahead in the Indian market.

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