Concrete

Infra, housing ready-mix to boost cement

Published

3 years ago

March 1, 2022

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The Indian cement industry, which contributes over Rs 30,000 crore to the exchequer through GST alone, might profit from the government’s aim to increase capital investment by 35 per cent in FY23, as well as the country’s overall macro focus on upgrading infrastructure and affordable housing.

N Srinivasan, vice chairman and MD of India Cements and president of the South Indian Cement Manufacturers’ Association, said that the 35.4 per cent increase in capital expenditure to Rs 7.5 lakh crore in FY23, as well as the effective cap of Rs 10.68 lakh crore, which includes the states’ share, will result in significant investment in infrastructure projects such as roads, bridges, and metro rail. The big-ticket housing initiative PM Awas Yojana, which will cost Rs 48,000 crore this year and will focus on affordable housing, with 80 lakh households to be identified and a 25,000-kilometer national highway to improve transportation logistics, will give it a boost.

Images Source: Google Images

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

4 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

4 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

4 days ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.