cement: Latest News & Videos, Photos about cement | The Economic Times
cement Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. cement Blogs, Comments and Archive News on Economictimes ... 23 Jan, 2025, 10:32 AM IST. ... India's cement industry is expected to continue its consolidation trend in 2025, following significant buyouts in 2024 by leaders UltraTech Cement and Adani ...
Indian cement demand to rise to 440Mt in 2024 financial year
India: Ratings agency Crisil has forecast all-Indian cement consumption growth of 11% year-on-year to 440Mt during the current financial year, which ends on 31 March 2024. Crisil attributed this to a 51% year-on-year rise in infrastructure spending, to US$6.75bn throughout the year. Press Trust of India News has reported that infrastructure projects currently account for …
Sagar Cements wins auction to buy Andhra Cements
India: Sagar Cements has won the auction to acquire Andhra Cements from Jaiprakash Associates (Jaypee Group), a company currently undergoing an insolvency process. The committee of creditors of Andhra Cements voted to approve the sale, although the amount of the bid has not been disclosed, according to the Press Trust of India.
Cement Industry News
Indian Cement industry capacity is slated at 550 million tonnes and the second largest producer of cement in the world following China. It is expected […] Ready Mix Concrete …
Cement industry looks for better growth in 2025
EY-Parthenon Partner - energy practice Vinayak Vipul said the Indian cement industry has witnessed muted volume growth of 4 to 5 per cent in FY25, compared to over 10 per cent in the past three ...
Cement industry eyes 8% growth in 2025 on infra boost, …
The industry is adding 35 MTPA capacity in anticipation of increased government spending on housing and infrastructure, with consistent growth of 7-8 per cent expected in the short to medium term, Vipul added. According to industry body Cement Manufacturers' Association (CMA) data, India has installed a cement capacity of 690 Metric Tonnes (MT).
India Cements shares surge 11% after CCI approves …
NEW DELHI: Shares of India Cements jumped 11 per cent on Monday morning after the Competition Commission of India cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement's proposal to acquire a majority stake in the firm. The stock soared 11 per cent to Rs 376.30 on the BSE. At the NSE, it surged 10.92 per cent to Rs 376.20. UltraTech …
India
India: UltraTech Cement has commissioned an additional 0.6Mt/yr grinding capacity at its integrated Sonar Bangla plant in West Bengal. It said the upgrade would help it meet …
History & Growth of Cement industry in India
Cement industry of India is the second largest producer of cement in world. In financial year 2012-2013, the total cement production capacity is about 347 million tonnes. It contributes very high …
UltraTech to acquire India Cement; buy 32.72%
UltraTech to acquire India Cement; buy 32.72% promoters' stake for Rs 3,954 crore ... UltraTech Cement leads the Indian cement industry. It has an ambition to become one of the largest cement companies in the world and and has set a target for 200 MTPA. However, Adani Group, which entered the cement business in September 2022 after acquiring ...
India Cements News
India Cements News - Get the Latest India Cements News, Announcements, Photos & Videos on The Economic Times ... UltraTech Cement Q3 Results: Revenue from operations rose by a marginal 3% YoY to Rs 17,193 crore. Despite the profit decline, it exceeded the Street estimate of Rs 1,195 crore, while revenues also surpassed expectations of Rs 16,854 ...
The Consolidation Benefits
India's core sector output witnessed a strong revival in September, bouncing back from a 42-month low in August as key core industries regained momentum. Cement led this resurgence, with production growth accelerating to a six-month high of 7.1 per cent, rebounding from a contraction of 3.1 per cent the previous month. This positive trend signals […]
'Cement industry showing positive signs of …
India Business News: NEW DELHI: The cement industry is showing positive signs of growth, as reflected in the recent market analysis provided by Cement Industries.
ppt on cement industry in india | PPT
15. KEY FEATURES OF CEMENT INDUSTRY India's cement production has increased at a compound annual growth rate (CAGR) of 9.7 per cent to reach 272 million tonnes (MT) during FY 06-13 The government plans …
Cement industry in India expects robust growth in FY25
The Indo-Asian News Service reports that capacity addition in the cement industry is estimated at 63-70Mt between FY25 and FY26, with approximately 33-35Mt expected in FY25 alone. The capacity utilisation is expected to rise to 71% in FY25 from 70% in FY24, backed by higher cement volumes.
India Cement Market Report 2024: Cement Firms are …
Dublin, July 11, 2024 (GLOBE NEWSWIRE) -- The "India Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share ...
Cement Industry | Latest & Breaking News on Cement …
High input prices and energy costs hit India cement makers in the second quarter, but a benign demand outlook promises to lift the fortunes of the industry in the second half of the financial...
India's cement demand to grow in 2025 financial year
India: Cement demand in India is projected to increase by 7 - 8% to approximately 475Mt in the 2025 financial year, down from a compound annual growth rate of about 11% between financial year (FY) 2022 and FY 2024, according to a report by CRISIL Ratings.The company analysed 18 cement producers, which account for over 85% of domestic sales …
In Re: Alleged Cartelization By Cement ... vs M/S Shree …
With the deregulation of the cement in 1989 and dismantling of the Office of the Development Commissioner of Cement Industry (DCCI) in the same year, the Department of Industrial Policy …
India's ever-expanding cement capacity
Dalmia Bharat managing director Puneet Dalmia characterised India's cement industry as one of 'many regions and many players' in an interview on 10 August 2021. It is equally an industry of many plants – which are seemingly larger and more numerous by the week.
Cement industry news and events from World Cement with the latest news
The latest cement news from World Cement magazine a leading cement publication covering industry trends, cement production, product news and special reports. For full functionality of this site it is necessary to enable JavaScript.
CEMENT INDUSTRY Overview
During the same time, the Indian cement industry recorded a CAGR in cement production of 6.8%, principally due to improved economic conditions and increased construction activity. Despite this comparatively high growth rate, enjoyed by the Indian cement industry, India's per capita cement consumption of 156 kgs per annum is amongst the lowest ...
India's cement sector sees a concrete 2024 with over 10 …
With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion.
IndiaMART releases report about India's cement industry
IndiaMART, the largest business-to-business (B2B) marketplace in India, recently released its inaugural report on the cement industry titled "Cementing Growth: An Indian Perspective on the Cement Industry," coinciding with National Concrete Day on September 7. The report highlights key trends, government initiatives, and the future growth trajectory of the …
Indian Cement Industry Analysis
Growth in the Infrastructure and real estate sector, post-COVID-19 pandemic, is likely to augment the demand for cement in 2022. The industry is likely to add an ~8 MTPA capacity in cement production. India's export of panel cement, …
Cement Industry | Latest & Breaking News on Cement Industry …
Get all latest & breaking news on Cement Industry. Watch videos, top stories and articles on Cement Industry at moneycontrol.
cement industry: Latest News & Videos, Photos about cement industry …
cement industry Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. cement industry Blogs, Comments and Archive News on Economictimes ... 23 Jan, 2025, 10:32 AM IST. ... India's cement industry is staring at slower growth in FY2025, with projections revised down to 4-5% due to a post-election slowdown in ...
India's Cement Industry: Fueling Growth through …
in 2022-23. The increased allocation underscores the government's strong commitment to addressing the housing needs of the population. It is worth noting that ... India's Cement Industry: Surging Demand and Vast Growth Prospects With a remarkable Compound Annual Growth Rate (CAGR) of 5.65% from 2016 to 2022,
Indian Cement Industry, Top Cement Companies …
India's top four cement companies- UltraTech, ACC-Ambuja, Shree Cement, and Dalmia Cement-are set to add over 42 million tonnes of capacity in FY25, increasing their market share from 48% in FY23 to an expected 54% by FY26.
Cement industry India: Cement industry to add 150-160 …
The Indian cement industry is set to add 150-160 million tonnes of capacity from fiscal year 2025 to fiscal year 2028, as it aims to meet rising demand from the infrastructure and housing sectors, according to a report by Crisil Ratings. In the past five fiscal years, the industry has added 119 million tonnes per annum, reaching a total of 595 million tonnes.