Cement Industry News

Union Minister H.D. Kumaraswamy has unveiled a massive Rs 700-crore investment plan aimed at revitalizing India’s cement industry. The initiative, announced at a recent press conference, aims to enhance....

According to a recent report, the cement sector in India is poised for further consolidation in the short to medium term. With increasing competition, rising input costs and the....

An Adani Group entity has sold a 2.76% stake in Ambuja Cement, generating Rs 42.51 billion from the sale. This divestment reflects the group’s ongoing strategy to optimise its....

JSW Cement has set an ambitious target of doubling its cement grinding capacity to meet the growing demand in both domestic and international markets. The company, a part of....

GQG Partners has increased its investment in Ambuja Cement by acquiring an additional 1.8% stake in the company, representing EUR 27.50 billion. This acquisition underlines GQG’s confidence in Ambuja....

The Indian cement industry is expected to invest ?1.25 trillion in capital expenditure by FY27, as forecast by CRISIL. This substantial investment underscores the sector’s robust growth prospects and....

The Container Corporation of India (CONCOR) is developing a strategic plan to mitigate risks associated with the common user tag for terminals operating on Indian Railways land as it....

Backed by healthy demand prospects for the cement sector, large cement companies are looking to increase their capacity and maintain market share through organic and inorganic expansions. ICRA estimates....

India's JK Lakshmi Cement reported a significant 46.3% increase in its fourth-quarter profit, thanks to stringent cost control measures in a challenging market landscape. Despite a decline in sales....

The cement industry is embracing green logistics by testing the use of electric vehicles (E-trucks), with around 150 E-trucks already deployed, top executives said at the CII-Green Cementech 2024....