The cement industry in India is expected to witness a significant capacity expansion of 70-75 million metric tonnes (MT) over the next two years, according to the rating agency ICRA.
Indian cement makers are expected to undertake capital expenditure worth Rs 125,000 crore during financial years 2025-2027, driven by healthy demand outlook and quest for attracting market share, asserted Crisil Ratings.
Mumbai (Maharashtra) [India], July 15: The DS Jindal Group, renowned for its extensive experience and innovation in the piping industry, has made a significant foray into the cement market with its new brand, Flujo. Known for its high-quality products and trusted legacy, the group is set to
Backed by healthy demand prospects for the sector, large cement companies are looking to increase their capacity and maintain market share through, organic and inorganic expansions.
New Delhi [India], May 24: JK Lakshmi Cement Limited (JKLC) today announced its financial results for the fourth quarter (January-March) of the fiscal year 2023-24, along with full financial year 2023-24, demonstrating robust operational performance and a steadfast commitment to sustainabili
Udaipur (Rajasthan) [India], March 29: Udaipur Cement Works Limited (UCWL), a subsidiary of well-known fast growing cement major, JK Lakshmi Cement Ltd., proudly inaugurated its state-of-the-art Cement Mill IV at its Dabok Plant in Udaipur, Rajasthan, today. This momentous occasion marks a s
Mumbai (Maharashtra) [India], March 11: Kaushalya Logistics Limited (KLL) is one of the leading players in logistic support to the cement industry has achieved another milestone by initiating the operations of a Hub depot in Varanasi exclusively for JK Cement, a newly onboarded client. This
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry held a consultation with representatives of Indian cement industry on the mechanism to collect cement production data ensuring 100 per cent coverage of the industry.
According to a press release, cement stands as one of India's eight core industries, accounting for a significant 5.37 per cent weightage in the Index of Industrial Production (IIP).
Adani highlighted the pivotal role played by Ambuja and ACC, both under the Adani Group umbrella, in spearheading a sustainable revolution within the cement sector.