JSW Steel’s Steel Production Grows in May 2025
JSW Steel produced 2.27 million tonnes of crude steel in May 2025, which is 8% more than the same month last year. So far this year, its total production has grown by 13%. The company used 80% of its production capacity in India during May. This was lower because one of its blast furnaces in […]
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JK Cement Buys 60% Stake in Saifco Cements to Expand in Jammu & Kashmir
JK Cement has bought 60% of Saifco Cements Private Limited for Rs 150 crore. This deal will help JK Cement grow its business in Jammu & Kashmir and strengthen its position in North India. JK Cement bought shares from Saifco’s existing owners and also invested in new shares. With this deal, Saifco Cements is now […]
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Ace launches premium residential project Ace Verde along Yamuna Expressway corridor
Ace has introduced Ace Verde, an exclusive premium residential enclave featuring thoughtfully designed 3 and 3.5 BHK homes, tailored for the evolving lifestyle needs of modern urban families. This project is part of Ace’s expansive 100-acre integrated development on the rapidly growing Yamuna Expressway corridor. The master plan includes residential plots under the Ace Acreville […]
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Kamdhenu Paints launches premium wood coating range for interiors and exteriors
Kamdhenu Paints has unveiled a new premium range of wood coatings, designed to deliver high-quality finishes for both interior and exterior wood surfaces. The collection features advanced solutions including Kamwood 2K PU, offering a rich matte or high-gloss finish; Kamwood 1K PU, providing excellent clarity and stain resistance; and the Kamwood Melamyne system, known for […]
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Jefferies Forecasts Profit Revival for Indian Cement Sector in FY26
Jefferies sees profit turnaround for Indian cement sector in FY26, led by South India price recovery Global brokerage Jefferies has projected a strong recovery in the profitability of India’s cement sector for FY26, driven by an early rebound in prices in South India starting from the first quarter. Jefferies highlighted Ultratech Cement, Shree Cement, and […]
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India’s stainless steel consumption grows 8% in FY25; ISSDA urges policy support for long-term growth
The Indian Stainless Steel Development Association (ISSDA) has reported that India’s stainless steel consumption reached a provisional 4.85 million tonnes in FY25, marking a healthy 8% growth over FY24. The announcement was made on the sidelines of the Global Stainless Steel Expo (GSSE) held today. Despite global macroeconomic and political uncertainties, India’s stainless steel market […]
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AM/NS India launches advanced colour-coated steel products to boost infrastructure growth
ArcelorMittal Nippon Steel India (AM/NS India) has introduced two new high-performance colour-coated steel products — Optigal® Prime and Optigal® Pinnacle — to support India’s infrastructure and construction push under the ‘Viksit Bharat’ vision. These innovative products, part of ArcelorMittal’s patented Optigal® range, are designed to perform in diverse climatic and industrial conditions across India. They […]
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Aichi Steel increases stake in Vardhman Special Steels to deepen partnership
Vardhman Special Steels Limited (VSSL) and Japan’s Aichi Steel Corporation have taken their partnership to the next level. Aichi Steel has increased its shareholding in VSSL from 11.33% to 24.90%. The formal agreement was signed during a special ceremony, marking an important milestone in the growing collaboration between the two companies. This move further strengthens […]
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Viva starts India’s first in-house production of fire-safe aluminium panels
Viva has opened India’s first factory to make a special fire-resistant core (called A2) used in aluminium composite panels (ACPs). This sets a new standard for safety in the country. The A2 core is made of 90% minerals and only 10% plastic (polyethylene), which makes it much safer in a fire. It meets top international […]
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India’s Cement Industry Set for Strong Growth and More Mergers
India’s cement industry is expected to grow steadily, and big companies are likely to keep buying smaller ones, according to Moody’s Ratings. These big companies want to expand and stay competitive. Over the past five years, the top 10 cement companies have bought around 140 million tonnes of yearly production capacity, spending Rs 89,000 crore. […]
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