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Building a Safer, Smarter and Sustainable World

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Raju Ramchandran, SVP and Head Manufacturing – Eastern Region, Safety and Sustainability, Nuvoco Vistas, on the cement industry redefining growth through innovation, circularity and collective action toward a Net Zero future.

Every nation dreams of highways, bridges and cities that symbolise progress. Every individual dreams of a home they can call their own. Behind both these dreams stands one material — cement. It is the silent architect of our aspirations and the backbone of economies. From sheltering families to shaping skylines, cement has been at the heart of human advancement.
According to the World Economic Forum, cement and concrete are the world’s most widely used human-made materials. As the world continues to build, the role of cement is becoming even more crucial — not only in enabling growth but also in shaping a sustainable future. Today, it is imperative to align the vision of building developed nations and better lives with the responsibility of protecting our planet for generations to come. Achieving this balance requires a fundamental shift in how we produce, transport and consume cement.
This transition is far too significant for any single technology or organisation to achieve alone. Real progress will emerge when businesses, policymakers, investors, and communities move forward together. Building on this collective momentum, the Indian cement sector has outlined a clear pathway to achieve net-zero CO2 emissions by 2070, under the Decarbonisation Roadmap for the Indian Cement Sector. This initiative underscores the industry’s shared responsibility to mitigate environmental impacts while supporting sustainable development.
Taking this vision a step further, the sector is complementing emission reduction with initiatives that restore nature and promote circularity. By advancing water stewardship, biodiversity protection and circular economy practices, the industry is embracing nature-based solutions that not only mitigate environmental impact but actively regenerate natural systems. These efforts position the cement sector to play a central role in halting and reversing nature loss by 2030, in alignment with the Global Biodiversity Framework (GBF).
The journey to decarbonise cement and concrete touches every link in the value chain — from sourcing raw materials to producing clinker, from pouring concrete on construction sites to rethinking design with reuse, recycling and 3D printing in mind. Each stage offers an opportunity to reduce emissions through innovation and collaboration.
In this context, Indian cement producers are expanding their portfolio of sustainable products. Almost all manufacturers today produce Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC), and Portland Composite Cement (PCC) — each reducing clinker content while maintaining consistent quality and performance. This shift reflects the industry’s recognition that sustainability is not an option but a necessity.

Exploring sustainable alternatives
A key enabler of this transformation is the use of Alternative Raw Materials (ARMs) such as slag, fly ash and other industrial by-products. These materials partially replace limestone and clinker — the most carbon-intensive components of cement manufacturing. By integrating slag from steel plants or fly ash from power stations, producers not only cut emissions but also divert waste from landfills, helping preserve finite natural resources.
Equally critical is the adoption of Supplementary Cementitious Materials (SCMs) like silica fume, calcined clay, rice husk ash, and natural pozzolans. Blending these materials with clinker reduces energy intensity while improving strength, durability, and workability, thus delivering both performance and sustainability gains.
Together, ARMs and SCMs foster a circular economy, transforming industrial waste into valuable inputs, conserving raw materials, and enabling sustainable construction.
Complementing these innovations are advanced manufacturing practices such as Waste Heat Recovery Systems (WHRS), which capture excess heat from clinkerisation and convert it into clean power. Combined with renewable energy adoption, digital optimisation, and green logistics, these efforts are steering the sector toward Net Zero operations.
Sustainability, however, doesn’t end at production. It extends into packaging, transport, and consumption. The industry is increasingly using recyclable poly bags, bulk cement packaging and rail-based logistics to reduce carbon emissions. Further, CNG-powered trucks, Transition from Diesel based Heavy Earth Moving Machinery (HEMM) to EV vehicles and GPS-enabled fleet monitoring are helping lower the carbon footprint across supply chains.
At the same time, end consumers — builders, contractors, and Individual Home Builders — play a crucial role. Choosing blended, eco-friendly cements, adopting responsible construction practices, and minimising material waste on sites can collectively make a meaningful impact.
Building sustainably is no longer only the producer’s responsibility; it is a shared duty across the value chain, from source to consumption. This holistic approach, where innovation meets accountability, defines the path forward.
From reducing emissions to restoring ecosystems, the cement industry is laying the foundation
for resilient infrastructure and a nature-positive, sustainable future.
As the Head of Manufacturing, Safety and Sustainability at Nuvoco Vistas Corp, I believe sustainability is not an initiative but a way of doing business. It is deeply embedded in every process and product, from co-processing waste and developing green cements to expanding WHRS capacity, promoting renewable energy, and enhancing logistics efficiency. In alignment with the cement industry’s 2070 Net Zero vision, Nuvoco has reduced its CO2 intensity to 453.8 kg per tonne of cementitious material, guided by our mission of ‘Building a Safer, Smarter and Sustainable World.’

ABOUT THE AUTHOR:
Raju Ramchandran, SVP and Head Manufacturing – Eastern Region, Safety and Sustainability, Nuvoco Vistas, oversees multiple high-capacity plants, excelling in operations, project management, and team development across greenfield and brownfield projects.

Concrete

Cement Makers’ Margins To Fall Rs 50-75 Per Tonne Amid West Asia Conflict

Crisil Sees Margins Easing Despite Steady Demand

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Crisil said operating margins of Indian cement manufacturers are expected to decline by Rs 50-75 per tonne (t) this fiscal to Rs 925-950 per t due to higher input costs triggered by the West Asia conflict. The analysis covered 18 cement companies accounting for nearly 90 per cent of India’s domestic cement capacity and noted margins had improved sharply to around Rs 1,000 per t in fiscal 2026.

Crisil noted that the reduction would be driven mainly by higher power and fuel costs, which account for about 30 per cent of total costs, as petcoke and imported coal prices have surged amid geopolitical uncertainties. Freight costs, which account for about a quarter of total costs, are also expected to remain elevated because of higher diesel prices. The impact on profitability is likely to be more pronounced in the first half of the fiscal year before easing commodity prices moderate cost pressures later.

The rating agency said steady domestic demand and strong balance sheets should keep credit profiles stable despite the moderation in margins. Green energy currently accounts for 35-40 per cent of the sector’s total electricity consumption and is expected to partly cushion higher energy costs. Operating cash flows are likely to remain resilient, supported by projected 6-7 per cent growth in cement demand this fiscal.

Crisil highlighted that demand growth will be driven primarily by infrastructure spending, which meets about one-third of sector consumption, and by a nearly 18 per cent higher budgetary allocation for core ministries that should support project execution. Weaker rural housing demand amid pressure on agricultural incomes from a possible below-average monsoon may be offset by improved urban housing demand supported by favourable home-loan rates and a strong pipeline of Pradhan Mantri Awas Yojana-Urban projects. Ongoing capacity additions will keep capital expenditure elevated and may lift net debt to EBITDA to between 1.2 and 1.4 times from around 1.0 time last fiscal, though ratios are expected to remain healthy.

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Concrete

UltraTech Board Approves Rs 50 bn Fundraise Via NCDs

Company to issue half a million debentures for expansion plan

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UltraTech Cement’s board of directors has approved raising Rs 5,000 crore (Rs 50 bn) through non?convertible debentures issued in rupees.

The finance committee cleared a proposal to issue up to 500,000 fully paid, unsecured, listed, rated, redeemable, rupee?denominated, non?convertible, non?cumulative debentures of Rs 1 lakh each (Rs 0.1 mn each), aggregating to the Rs 5,000 crore programme.

As of June 2026 the firm reported net debt of Rs 15,875 crore (Rs 158.75 bn) and said its capacity expansion projects under execution are backed by capital expenditure of about Rs 17,000 crore (Rs 170 bn) over the next two to two?and?a?half years.

UltraTech spent Rs 9,500 crore (Rs 95 bn) on capital expenditure in financial year 2026 and in April the group crossed 200.1 mn tonnes per annum of domestic grey cement capacity and 205.5 mn tonnes per annum of global capacity.

The chief financial officer indicated the company would take consolidated capacity beyond 242 mn tonnes per annum, with grey cement capacity reaching 212.7 mn tonnes per annum by the end of financial year 2027. He noted the net debt?to?earnings before interest, taxes, depreciation and amortisation ratio stood at 0.87 times as of June 2026 and the company was confident of ending financial year 2027 with the ratio below one time.

In the first quarter of financial year 2026?27 UltraTech’s net profit attributable to owners rose 16.8 per cent year?on?year to Rs 2,599.3 crore (Rs 25.993 bn) and revenue from operations increased 15.9 per cent to Rs 24,648.20 crore (Rs 246.482 bn). The board approval is expected to complement internal cash flows as the company advances its expansion programme.

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Concrete

Lokesh Lays Stone For Rs 31 Billion Cement Unit In Kadapa

Line-2 expansion to make Kadapa a major cement hub

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Andhra Pradesh Education and IT Minister Nara Lokesh on Wednesday laid the foundation stone for the Line-2 expansion of Dalmia Bharat Cement at Chinnakomerla village in Mylavaram Mandal in Kadapa district. The project carries an investment of Rs 31 billion (bn) and is slated for completion by the third quarter of the financial year 2028. The expansion is intended to boost industrial growth and employment generation across the Rayalaseema region.

Once commissioned, the Kadapa facility will become Dalmia Bharat’s largest integrated cement manufacturing ecosystem in southern India, creating over 1,000 direct and indirect jobs and opening new business avenues for regional micro, small and medium enterprises and transport operators. Lokesh said the expansion signalled growing corporate confidence in the state and reflected the practical ease of doing business that secured repeat investment.

He placed the project within the government’s wider economic targets and recalled the Yuvagalam padayatra commitment to generate two million (mn) jobs within five years, noting that the state would cultivate talent while industry created opportunities. Lokesh highlighted Andhra Pradesh’s competitive pursuit of major manufacturing accounts, mentioning past successes and a personal initiative to engage global investors when persuading them to anchor expansion in the state.

The plant will leverage Kadapa’s abundant limestone reserves to scale production and sustainability. Clinker capacity is planned to rise from two point five million tonnes per annum (mn tpa) to six point one mn tpa, while overall cement output will increase from three point six mn tpa to nine point six mn tpa. The unit is designed to operate on over eighty per cent renewable energy and deploy waste heat recovery, zero liquid discharge, water recycling and advanced AI systems to optimise efficiency. Industries Minister TG Bharat, BC Welfare Minister S. Savitha and Jammalamadugu MLA C. Adinarayana Reddy attended the ceremony.

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