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Circular economy principles are embedded in our programmes

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Ashok K Gupta, CEO, Dalmia Bharat Foundation, speaks about the significant strides taken in rural empowerment through skill development programmes.

Could you share more about how your DIKSHa initiative has evolved since its inception in 2016, and what specific challenges and successes you have encountered in scaling up this programme?
With the concept of ‘Giving back to Society’ the DIKSHa programme, a flagship CSR initiative of Dalmia Bharat Foundation (DBF), was initiated in 2016 with the vision of providing alternative livelihood opportunities for the community around us. This reflects our shared vision of empowering individuals with valuable skills and enhancing employability. The conceptualisation and design of the programme were driven by a comprehensive analysis of prevailing skill gaps and industry demands for the trained youth in different trades. Our mission is clear: to reach and uplift every young individual within the vicinity of our business operations.
DIKSHa was initiated in partnership with the National Skill Development Corporation (NSDC). The broad roles of Dalmia Bharat Foundation and NSDC were integral to the development and implementation of DIKSHa. DBF took the lead in shaping the programme’s direction by identifying high-demand trades, setting up modern training centres, and ensuring a community-centric approach. This ensured that the programme met the needs of the local population while offering relevant skills. Our strong network of industry partners enabled us to link trainees with organised sector job opportunities. NSDC played an instrumental role by offering insights into skill development, designing the curriculum, and aligning it with national standards, particularly the National Skills Qualifications Framework (NSQF). Regular evaluations ensure continuous improvement in the program’s implementation.
Operating across 20 centers in 10 states, DIKSHa has trained over 16,460 candidates with a commendable placement rate of 73 per cent. With an annual training capacity of 7,200 youths, the programme offers diverse courses across 21 trades, preparing individuals for a range of industries.
Our programme stands out not only for its comprehensive training but also for the extensive post-placement support we provide. Unlike other government programs that offer three months of post-placement assistance, DIKSHa ensures a full year of post placement support to our candidates. This commitment helps our graduates navigate their new roles, overcome challenges and continue to grow in their careers.
Our achievements would not be possible without the invaluable support of our partners. I extend my heartfelt gratitude to our partners such as the National Skill Development Corporation (NSDC), Odisha Skill Development Authority (OSDA), Andhra Pradesh State Skill Development Corporation (APSSDC), NABARD, Bosch, AkzoNobel, Schneider Electric, and many others. Their commitment and collaboration have been instrumental in scaling our efforts and ensuring the highest standards of training and employment opportunities.
Despite these successes, scaling DIKSHa across geographies presented challenges. Maintaining programme quality and consistent implementation of standard operating procedures (SOPs) required a robust framework to monitor and track the progress of our centers. Initially, creating awareness and overcoming community hesitation about the programme’s credibility and job opportunities was tough. Mobilising women beneficiaries also posed challenges, especially given societal norms, but we have addressed these through targeted courses and engagement strategies. Retention of candidates post-training and establishing a unified brand across all DIKSHa centers were additional hurdles we have worked to overcome.

With a notable 63 per cent female enrolment in DIKSHa and a high employment rate for graduates, how does DBF tailor its programmes to ensure that women and youth in rural areas are effectively integrated into the workforce?
Yes, we have an enrolment rate of 63 per cent females in our DIKSHa programme, and we are constantly working to increase it further in the coming years. Not only in enrolment—61 per cent of the trainees (5001) who passed in FY 24 were females, demonstrating our commitment to gender equality and rural empowerment. We have carefully designed tailor-made courses that cater specifically to the interests and needs of women and youth, ensuring these courses also align with market demand at both the local and national levels. This approach has made our programs more attractive to participants while increasing their employability. Trades such as General Duty Assistant (GDA), Sewing Machine Operator, Solar PV Installer, Customer Relationship Manager and Assistant Beauty Therapist are examples of how we match local opportunities with the aspirations of our trainees.
To ensure smooth integration into the workforce, we provide comprehensive support during the job placement process, spanning across districts and regions. Our commitment doesn’t end with placement—DIKSHa offers one year of post-placement support, ensuring that our graduates can settle into their roles. If a candidate chooses to switch jobs at any time, they can rely on our team for assistance in securing new employment, reflecting our dedication to long-term career support. Also, for placements where trainees, especially women trainees need to join outside their home district, DIKSHa team members accompany them to the joining location to ensure a smooth process. This support not only ensures a seamless transition but also boosts the confidence of women trainees as they step into their new roles
In addition to formal employment, DBF facilitates the entrepreneurial aspirations of our trainees, especially women. We support the establishment of micro and small businesses by assisting in securing loans from banks or cooperative societies, further promoting financial independence.
Looking ahead, DBF has plans to open three more training centers by FY 25, increasing our total centers to 23 and our annual training capacity
to 8,000. This expansion will enable us to reach more rural youth and women, continuing to bridge the gap between skill development and employment opportunities.

In the context of Dalmia Bharat’s broader sustainability goals, how does DBF contribute to the circular economy through its skill development programmes?
The Foundation aligns closely with Dalmia Bharat’s broader sustainability goals. Circular economy principles are embedded in our programmes. Through these initiatives, we not only enhance the employability of rural youth but also promote environmental sustainability by focusing on resource efficiency, waste reduction, and the use of renewable energy sources. Our programmes, such as those that train individuals in green jobs like solar PV installation, are designed to address the dual challenge of unemployment and environmental degradation.
By offering skills in organic farming and water conservation techniques, we encourage sustainable agricultural practices, leading to improved crop yields and reduced dependence on chemical inputs. These efforts contribute to environmental sustainability while providing rural communities with the tools to flourish economically, creating a model of inclusive and sustainable development. Moreover, we also support circular economy initiatives by facilitating the use of biomass as alternative fuel through projects like bamboo cultivation, municipal waste collection, and the use of agricultural waste as fuel, significantly contributing to the reduction of carbon footprints in rural areas.
The DIKSHa programme has been a game-changer for contributing to the circular economy. A recent Social Return on Investment (SROI) study conducted by KPMG India for the DIKSHa programme revealed an impressive SROI value of 7.5. This means that for every rupee invested, the programme generates 7.5 rupees in socio-economic value. The programme trains youth and women in trades such as industrial sewing machine operators, domestic electricians, assistant beauty therapists, general duty assistants and customer relationship managers, equipping them with industry-relevant skills. The programme enhances employability, improves livelihoods, and promotes financial stability, leading to inclusive growth.
In addition to skill development, DBF is actively involved in environmental sustainability through its water and soil conservation programmes. A study by the Confederation of Indian Industry (CII) on over 6,000 water conservation structures highlighted the impact of these initiatives, achieving another SROI value of 7.5. These programmes focus on organic farming, water conservation techniques, and the promotion of climate resilient practices.
This not only reduces waste and encourages
recycling but also empowers rural communities economically, creating a model of inclusive and sustainable development.
These initiatives help DBF build resilient and self-reliant communities while contributing to India’s sustainable development goals.

As India progresses towards its ‘Viksit Bharat’ vision, what role do you see DBF playing in shaping the future of rural development and employment?
As India advances towards its ‘Viksit Bharat’ vision, Dalmia Bharat Foundation (DBF) is committed to playing a pivotal role in shaping the future of rural development and employment. Our focus has always been on empowering rural communities by building sustainable livelihoods, enhancing skill development, and promoting social and economic inclusion. DBF envisions being a key driver in ensuring that rural India contributes significantly to the country’s overall growth story.
To support this vision, we plan to scale up our existing programmes like DIKSHa and Gram Parivartan. DIKSHa, which has already trained over 16,460 candidates, will expand further with three additional centers in FY 25, increasing our annual training capacity to 8,000. This will allow us to offer skill development in more sectors, particularly in green and future-ready jobs, aligning with national priorities. We are also exploring partnerships to introduce digital skilling, which will equip rural youth with skills for the tech-driven economy.
Under Gram Parivartan, we aim to deepen our impact across the 20 locations covering more than 84,000 households where we currently operate. With the success of our livelihood intervention model, which integrates agriculture, horticulture, micro-enterprises and social capital, we plan to cover more households by introducing innovative income-generating activities such as agri-tech solutions and climate-resilient farming techniques. We also see the potential in expanding micro-enterprises, particularly for women and landless households, to build resilient rural economies.
In terms of new initiatives, we are exploring opportunities to enhance our efforts in renewable energy training and water conservation, ensuring that rural communities not only have access to sustainable resources but also the skills to manage them. The vision is to create a rural green economy where sustainable practices, such as solar energy, rainwater harvesting, and organic farming, become the backbone of livelihood activities.
Furthermore, DBF plans to strengthen its public-private partnerships, aligning our programs with various government schemes and global development goals. Through collaboration, innovation, and firm focus on rural empowerment, DBF is poised to be a critical contributor to India’s “Viksit Bharat” vision, ensuring that no rural community is left behind in the nation’s journey toward progress.

– Kanika Mathur

Concrete

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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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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Driving Measurable Gains

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Klüber Lubrication India’s Klübersynth GEM 4-320 N upgrades synthetic gear oil for energy efficiency.

Klüber Lubrication India has introduced a strategic upgrade for the tyre manufacturing industry by retrofitting its high-performance synthetic gear oil, Klübersynth GEM 4-320 N, into Barrel Cold Feed Extruder gearboxes. This smart substitution, requiring no hardware changes, delivered energy savings of 4-6 per cent, as validated by an internationally recognised energy audit firm under IPMVP – Option B protocols, aligned with
ISO 50015 standards.

Beyond energy efficiency, the retrofit significantly improved operational parameters:

  • Lower thermal stress on equipment
  • Extended lubricant drain intervals
  • Reduction in CO2 emissions and operational costs

These benefits position Klübersynth GEM 4-320 N as a powerful enabler of sustainability goals in line with India’s Business Responsibility and Sustainability Reporting (BRSR) guidelines and global Net Zero commitments.

Verified sustainability, zero compromise
This retrofit case illustrates that meaningful environmental impact doesn’t always require capital-intensive overhauls. Klübersynth GEM 4-320 N demonstrated high performance in demanding operating environments, offering:

  • Enhanced component protection
  • Extended oil life under high loads
  • Stable performance across fluctuating temperatures

By enabling quick wins in efficiency and sustainability without disrupting operations, Klüber reinforces its role as a trusted partner in India’s evolving industrial landscape.

Klüber wins EcoVadis Gold again
Further affirming its global leadership in responsible business practices, Klüber Lubrication has been awarded the EcoVadis Gold certification for the fourth consecutive year in 2025. This recognition places it in the top three per cent
of over 150,000 companies worldwide evaluated for environmental, ethical and sustainable procurement practices.
Klüber’s ongoing investments in R&D and product innovation reflect its commitment to providing data-backed, application-specific lubrication solutions that exceed industry expectations and support long-term sustainability goals.

A trusted industrial ally
Backed by 90+ years of tribology expertise and a global support network, Klüber Lubrication is helping customers transition toward a greener tomorrow. With Klübersynth GEM 4-320 N, tyre manufacturers can take measurable, low-risk steps to boost energy efficiency and regulatory alignment—proving that even the smallest change can spark a significant transformation.

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