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The systems we design are energy-efficient by nature

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Rahul Rajgor, Managing Director, Fives Combustion Systems, discusses their focus on innovation, energy efficiency and sustainability, emphasising the role of customer collaboration in developing tailored solutions.

Tell us about the innovations and solutions you are providing to the cement industry?
At our company, innovation is not just a concept—it is the cornerstone of our operations. We see ourselves as pioneers within the cement industry, and this mindset extends across all sectors we serve. We truly believe that the best innovations come directly from our customers. Their needs and feedback drive the improvements and new ideas we bring to market. Every year, we make it a priority to introduce fresh innovations, not only within the cement industry but across other industries as well. Our approach to innovation is deeply rooted in collaboration with customers, which we consider partners, and this partnership is essential to our success. We are always ready to take on challenges and tackle the most complex issues in the industry.

How are your solutions aimed at improving energy efficiency in the cement industry?
Energy efficiency and sustainability are at the core of our philosophy. We understand that reducing energy consumption is essential for the future of our planet, and it is something we focus on in every solution we offer. The systems we design are energy-efficient by nature, and we do everything we can to ensure that each system is optimised for maximum performance. Through extensive in-house calculations and analysis, we continually improve our technologies to meet and exceed energy-efficiency standards. Our commitment to the energy sector has been long-standing, and as pioneers in this field, we specialise in providing highly efficient burners and combustion solutions that are specifically designed to reduce CO2 emissions. By doing so, we help cement plants significantly lower their carbon footprints and contribute to global sustainability efforts.

Could you share some of the sustainability or decarbonisation initiatives that your organisation has implemented?
Sustainability is a key priority for us, and we have been actively engaged in decarbonisation efforts for many years. We launched our sustainability program five years ago, with a clear focus on reducing the environmental impact of our operations. Over time, we have become leaders in this space, particularly with the advent of hydrogen technology. We were one of the pioneers in the hydrogen sector, not only in developing hydrogen combustion solutions but also in the liquefaction of hydrogen for use in various industrial applications. In fact, we were the first company in India to sell a hydrogen burner, which was used for a 52-megawatt boiler application. Beyond hydrogen, we are also focused on finding alternative solid fuels for cement manufacturing. We are currently working on developing hybrid technologies that combine hydrogen, alternative solid fuels, and fossil fuels. This combination is crucial for reducing the carbon footprint in the cement industry. We are continuously investing in research and development to create innovative solutions that can accelerate the global shift toward decarbonisation.

How do you tailor your innovative solutions to meet the unique needs of the cement industry?
One of the fundamental aspects of our innovation process is our close partnership with customers. Innovation does not exist in a vacuum—it is driven by the real needs and challenges faced by our customers. We firmly believe that innovation often arises from even the smallest ideas proposed by users. We make it a point to listen carefully to our customers, as their feedback is invaluable. For instance, one of the key innovations we developed—a custom-made burner—was created in collaboration with our customer Holcim Europe. We tailored this burner specifically to meet their needs, which illustrates how we approach innovation: our solutions are not one-size-fits-all. We provide bespoke solutions that are customised to each customer’s specific requirements, making sure that every solution we offer is the best possible fit for the individual circumstances of the customer. This is a significant differentiator for us in a market where many competitors offer generic solutions.

You mentioned a burner developed with the help of your customers. Could you tell us more about it?
Yes, we have developed several advanced technologies in collaboration with Holcim Europe, one of our key partners. A perfect example of this is the custom-built burner we designed together. It was created specifically to meet the unique requirements of Holcim’s operations, ensuring that it delivered optimal performance for their systems. This burner, like all of our innovations, is a result of close collaboration between our engineering teams and the customer. It serves as a reminder that the best solutions often come from understanding the specific needs of the customer and working together to design a tailored solution that achieves the desired results.

Given the level of innovation, what challenges do you face, particularly in the Indian market?
In the Indian market, one of the biggest challenges we face relates to the shortage of sorted waste for use as Alternative Solid Fuel (ASF) or Refuse-Derived Fuel (RDF). While we have some of the best technology available for utilising ASF, the issue lies in the lack of a comprehensive waste-sorting infrastructure. In developed nations, waste segregation is well-established, but in India, we are still behind in this regard. For example, industries and communities have yet to fully embrace the importance of sorting waste, which is essential for ASF to be viable as a sustainable fuel alternative. Without proper waste segregation, the potential of ASF remains untapped. To address this, we need to educate not just the industry, but society as a whole, about the importance of waste sorting. This is an area where we see a significant opportunity to improve.

How do you envision the journey toward achieving net-zero emissions, and what role will the cement industry play in it?
The journey toward net-zero emissions is undoubtedly one of the most critical challenges for the cement industry, and the role of combustion solutions is key. The cement industry relies heavily on combustion processes, so as a provider of combustion technologies, we play an integral part in helping the industry meet its net-zero targets. We are heavily involved in research and development to ensure that we are contributing to reducing emissions.
However, it is important to recognise that achieving net-zero emissions by 2070 is a formidable challenge, especially in a country like India, where the cement industry still depends on fossil fuels. The widespread adoption of hydrogen, natural gas and alternative solid fuels will help us significantly reduce the carbon footprint of the cement industry.
While the journey is long, we are confident that, through continuous innovation and collaboration, we will make meaningful progress toward achieving net-zero emissions.

– Kanika Mathur

Concrete

Sambhv Steel Tubes is Now Certified as a Great Place to Work

This certification, valid from January 2025 to January 2026.

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Sambhv Steel Tubes Limited, one of the key manufacturers of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India in terms of the installed capacity as of March 31, 2024 (Source: CRISIL Report) is pleased to announce that it has been officially certified as a “Great Place to Work® for 2025. 
This certification, valid from January 2025 to January 2026, is a testament to the company’s commitment to fostering a workplace environment built on trust, collaboration, innovation, and employee well-being. Sambhv Steel Tubes also invites talented professionals who share its values of trust, collaboration, and innovation to join its team and be part of its growth journey. The Great Place to Work® certification is a recognized benchmark for workplace excellence. It is awarded based on employee feedback and an evaluation of workplace practices. Achieving this certification underscores Sambhv Steel Tubes’ dedication to nurturing a culture where Sambhv Steel strives to ensure that employees feel valued, supported, and empowered to grow both personally and professionally 
The DRHP is available on the website of the Company at www.sambhv.com, SEBI at www.sebi.gov.in, websites of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com and the website of the book running lead managers, i.e. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited at www.nuvama.com and www.motilaloswalgroup.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled “Risk Factors” of the RHP, when filed. Potential investors should not rely on the DRHP for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. 
Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States. CRISIL Market Intelligence & Analytics (CRISIL MI&A), a division of CRISIL Limited, provides independent research, consulting, risk solutions, and data & analytics to its clients. CRISIL MI&A operates independently of CRISIL’s other divisions and subsidiaries, including, CRISIL Ratings Limited.
Image Source: Sambhv Steel Tubes

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Concrete

Cement Industry Key to Growth, Jobs, and Nation Building in Budget

Budget presents opportunities for cement sector in growth, jobs, and infra.

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The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26 presented by the Honourable Finance Minister Nirmala Sitharaman. CMA Member Companies have been at the forefront of nation building by significantly contributing to infrastructure development, employment generation, and economic growth. CMA believes that the Budget presents a commendable vision for India’s development through strategic investments in people, economy, and innovation.
Commenting on the Budget, Neeraj Akhoury, President, Cement Manufacturers’ Association (CMA) and Managing Director, Shree Cement Limited, stated, “CMA hails the Union Budget, announced under the leadership of Prime Minister Narendra Modi for its comprehensive focus on holistic and inclusive development. The Budget reinforces a transformative journey towards building a resilient economy for advancing India’s development goals. The various initiatives announced by the Government balance people’s aspirations with the future requirements for the Country’s economic growth. The focus on increased investments on infrastructure across States amplifies opportunities and avenues for the growth of the Cement sector. We appreciate the sustained core focus on infrastructure and reiterate our commitment to being partners in Nation’s progress.<p></p>
<p>The increased spending on large scale housing and infrastructure projects will drive demand for construction materials allowing capacity expansion and promotion of innovation in sustainable practices. We are certain that despite challenges these measures will support the Cement Industry in achieving a consistent CAGR growth rate of more than 6 per cent of installed cement capacity in the present financial year. Policy reforms in Budget 2025-26 signal a reaffirmation of the Government’s intent to augment socio economic growth across core sectors.”
The Cement Industry plays a vital role in creating direct and indirect employment across various sectors, including manufacturing, logistics, and construction, thereby supporting millions of livelihoods. Additionally, the industry remains a key contributor to the Government exchequer through taxes, duties, and levies, strengthening the country’s fiscal framework.
Parth Jindal, Vice President, Cement Manufacturers’ Association (CMA) and Managing Director, JSW Cement Limited, said, “The Budget presented by Finance Minister Smt. Nirmala Sitharaman is a forward-looking roadmap that will play a pivotal role in shaping the future of India’s cement industry, in line with the country’s vision for a Viksit Bharat by 2047. It prioritizes growth in key sectors such as infrastructure, manufacturing, and technology. The increased investment in technology will accelerate advancements in green cement solutions, driving both sustainability and innovation within the industry. Notable allocations, including Rs 200 billion to foster innovation and Rs 1.5 billion in 50-year interest-free loans to states for capital expenditure on infrastructure development, are expected to significantly bolster growth in the core sectors, including cement sector.
He further added, “The Budget’s focus on a three-year pipeline of projects under the public-private partnership (PPP) model will incentivize private sector investment and catalyse a transformation in the infrastructure landscape. Additionally, the establishment of five National Centers of Excellence for skill development, as part of the ‘Make for India, Make for the World’ initiative, will ensure that India’s emerging workforce is well-equipped to meet the demands of a rapidly growing economy.”
In light of the recent Budget announcements, which prioritise infrastructure expansion and affordable housing, the Cement Industry is poised to leverage these opportunities by ensuring steady and sustained supplies of Cement to meet the Nation’s growing domestic market and infrastructure demand coupled with sustainable and innovative technologies. With a strong commitment to sustainability and efficiency, the Cement Industry will continue to drive India’s progress and economic resilience.

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Concrete

GMDC Inks Long-Term Limestone Supply Deal With JK Cement

The agreement has been signed for supply of 250 million tonne.

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State-owned GMDC said it has entered into a long-term pact with JK Cement Ltd for the supply of limestone from its upcoming mine in Gujarat. 
The agreement has been signed for supply of 250 million tonnes of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch district in Gujarat. 
This agreement will help JK Cement Ltd in setting up an integrated mega-capacity cement plant, fostering industrial growth in the region.Kutch’s coastal proximity, improved access to domestic and international markets, and cost-efficient logistics position it as an ideal hub for cement production. 
The state-owned company has five operational lignite mines in Kutch, South Gujarat, and Bhavnagar region.          

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