Economy & Market

Manufacturers are just looking to their profits.

Published

5 years ago

October 14, 2021

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Rajesh Amonkar, Proprietor, Mahalaxmi Enterprises

I will be completing 20 years in this business soon. We basically cater to Bardez Taluka, a part of the north Goa district. We stock around 40 tonnes of various brands of cement in my godown and sell around 800 tonnes every month. The economic slowdown has affected us to a very large extent as also the total ban on the lifting and extraction of sand here in Goa. Sales have dropped drastically. Presently the position is such that us dealers cannot do anything; that this is the best time to wait and watch, control investments and keep liquid cash in hand. With the number of brands increasing in the market, the number of dealers too, is increasing, and it becomes difficult to concentrate on one particular brand. However, the market share of every company is decreasing and the inventory on our part is increasing.

The dealership model has changed to a great extent in the period that I served the market. Earlier the dealers had cordial relations with the customers; other than business relations, they had a sort of bond which cannot be seen now. Today, it is totally a business- centric relationship. The manufacturers are just looking at their profits, nothing else!

Presently there is nothing that the companies are doing to promote products. Earlier they used to hold technical meets, mason meets, dealers meets. Some aggressive advertising was done in the form of gifts to customers, etc, which is not seen now.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

20 hours ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

20 hours ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

20 hours ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.