Connect with us

Concrete

Heidelberg Materials launches EvoBuild

Published

on

Shares

Heidelberg Materials has launched EvoBuild, a new brand for its range of low-carbon and circular products. It intends to apply globally consistent criteria and tiering for its sustainable products and aims to set new standards for decarbonised products. All countries in which the company is present will gradually integrate their sustainable products into the EvoBuild portfolio.

Products in the EvoBuild range will be available in all business lines and are either low-carbon (cement and concrete), circular (concrete) or feature a combination of both attributes. Lowcarbon products must provide a CO2 reduction of at least 30 per cent compared to the reference value. Circular products must contain at least 30 per cent recycled aggregates or they must reduce material requirements by at least 30 per cent.

Concrete

DPIIT Partners with JK Cement to Boost Startups

Collaboration to offer resources for entrepreneurs.

Published

on

By

Shares



The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with JK Cement to support and accelerate the growth of startups. This collaboration aims to provide access to cutting-edge infrastructure, manufacturing and R&D facilities, mentorship, and university resources under JK Cement.

Sanjiv, Joint Secretary in DPIIT, stated that this partnership is a step in the right direction toward creating synergies with JK Cement to foster an environment conducive to innovation and startup growth.

Sumeet Kumar Jarangal, Director of Startup India, highlighted that this initiative will support at least 10 startups and entrepreneurs over the next year, driving sustainable development and helping create viable, innovative solutions for the market. The program will focus on empowering entrepreneurs with resources that enable scalable growth and long-term success.

Continue Reading

Concrete

DPIIT partners with JK Cement to support Product Startups

The collaboration aims to transform India into a global manufacturing.

Published

on

By

Shares



A Memorandum of Understanding (MoU) has been signed between the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry and JK Cement, a leading manufacturer of grey and white Cement, to usher innovation, empower entrepreneurs, and strengthen India’s manufacturing ecosystem. 
According to DPIIT, this strategic collaboration aims to transform India into a global manufacturing hub by nurturing product startups, innovators, and entrepreneurs. The partnership will enable access to cutting-edge infrastructure, state-of-the-art manufacturing and R&D facilities, mentorship opportunities, pilot projects, and university resources under JK Cement. 
Terming this MoU as a Startup friendly initiative, Mr. Sanjiv Singh, Joint Secretary, DPIIT, said that it is a right step in the direction of creating synergies with JK Cement to build a conducive environment for startups and innovators. 
Adding further Mr. Singh said this much needed endeavour will immensely help the budding entrepreneurs to scale new heights through this collaboration, will eventually transform innovative ideas into impactful solutions thus emerging India as a global leader in the arena of manufacturing and innovation. 
Outlining the essence of this strategic alliance, Director Startup India, Dr. Sumeet Kumar Jarangal revealed that this pro-startup initiative seeks to accelerate entrepreneurship, create viable solutions and drive sustainable development by supporting atleast 10 startups and entrepreneurs over the next one year. 
Reiterating JK Cement’s commitment, Mr. Madhavkrishna Singhania, Joint Managing Director & CEO, JK Cement Ltd, said “Partnering with DPIIT reflects our unwavering commitment to nation-building. Together, we aim to cultivate a dynamic and competitive manufacturing ecosystem, driving India’s ambition of becoming a self-reliant and innovation-led economy. This collaboration will ensure that India’s manufacturing ecosystem reaches unprecedented heights, fostering economic prosperity and technological advancement.” 

Continue Reading

Concrete

India Cements Announces Management Reshuffle Post UltraTech Buyout

This realignment marks a strategic shift for India Cements.

Published

on

By

Shares



India Cements, now majority-owned by UltraTech Cement following a landmark acquisition, has restructured its top management roles in marketing and HR. The changes were finalised at a board meeting on January 3, 2025, and disclosed to the BSE.
The company stated, “The Board of Directors has approved the recommendation of the Nomination and Remuneration Committee for the appointment of the following officials as Senior Management Personnel, effective January 1, 2025.”
R. Parthasarathy, formerly Chief Marketing Officer, has been appointed as Head – Integration (Sales and Marketing). A seasoned professional with experience at RAK Ceramics, Asian Paints, and Roca Bathroom Products (formerly Parryware Roca), Parthasarathy is an alumnus of the Indian Institute of Management, Calcutta. He joined India Cements in August 2021.
Other key appointments include:
• Rajesh Sankar as Head – Integration (Manufacturing). Sankar, a chemical engineer with a master’s in environmental science, brings extensive manufacturing expertise.
• Prakash Pattanshetty as Head – Sales and Marketing. With over 30 years of experience, Pattanshetty is a civil engineer and postgraduate in sales and marketing.
• G. Ramesh as Vice President – Personnel.
• Ravikrishna Iyer as Group Head – Human Resources.

On July 28, 2024, UltraTech Cement, part of the Aditya Birla Group, announced the purchase of a 32.72% stake in India Cements for Rs 39.54 billion at Rs 390 per share. This followed a 22.7% stake acquisition in June 2024, bringing UltraTech’s total shareholding in India Cements to 55.49%.
UltraTech Cement sought approval from the Competition Commission of India (CCI) for the acquisition, arguing that India Cements was incurring significant losses and the buyout could help revive the “failing firm.”
This realignment marks a strategic shift for India Cements as it integrates operations under UltraTech Cement’s ownership while focusing on revamping its sales, marketing, and HR strategies.
(Storyboard18)

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.