Cement Demand to Rise 8% in FY25; Shree, Ambuja, and JK Lakshmi Cement Seen as Top Picks
Demand for cement is likely to rise by around 8% in financial year 2025, which is improved compared to 6–7% expansion during the third quarter. Demand is picking up after a sluggish beginning to the year. This is due to improved rural demand as well as government expenditure on infrastructure. Prices of cement have also […]
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Rachana Construction Embarks on Rs 300 Crore Road Infrastructure Project to Transform Connectivity in Kolhapur
Rachana Construction has introduced a milestone Rs 300 crore infrastructure project in Kolhapur to improve regional connectivity, minimize traffic jams, and spur economic development. Stretching 53 kilometers, the project involves developing existing roads by widening and strengthening them to handle increasing traffic, with long-term durability ensured through state-of-the-art construction techniques. One of the most prominent […]
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India’s Cement Industry Set to Grow Steadily in 2026 with New Capacity and Rising Demand
India’s cement sector is set to expand at 6-7% in the year 2026, driven by higher demand from housing and infrastructure initiatives, as per a report released by ICRA (a credit rating agency). This follows a 6.3% hike in cement consumption in the year 2025. Although the global economy is in doubt, India is likely […]
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India Imposes 12% Temporary Tax on Steel Imports to Protect Local Industry
The Indian government has imposed a short-term 12% duty (referred to as a safeguard duty) on certain kinds of flat steel imports, which come primarily from China and Vietnam. This is to safeguard Indian steel producers from an influx of cheap steel entering India. The new regulation began on April 21 and will remain in […]
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Dalmia Bharat Reports FY25 Results: Focus on Growth, Sustainability, and Expansion
Dalmia Bharat Ltd, India’s leading cement company, announced its financial performance for FY25 fourth quarter and FY25 full year. The company highlighted its focus areas of increasing profit, capacity addition, and remaining environment-friendly. Key Performance Highlights (FY25 vs FY24):Cement sales: Increased by 2% to 29.4 million tonnes (MnT), despite 3% Q4 sales decrease due to […]
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Shree Cement Expands Further with New Grinding Unit in Chhattisgarh; Market Cap Crosses ₹1 Trillion
Shree Cement has commissioned a new cement grinding unit in Baloda Bazar, Raipur (Chhattisgarh). It has the capacity to produce 3.4 million tonnes of cement annually. It’s in line with the company’s vision to become bigger by enhancing its existing operations. Recently, they also commissioned another plant with a capacity of 3 million tonnes in […]
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Government Adds 12% Tax on Some Steel Imports to Help Indian Companies
The Union Steel and Heavy Industries Minister, Shri H. D. Kumaraswamy, stated that he is in favor of the government’s move to impose a 12% duty (referred to as a “safeguard duty”) on importing certain grades of steel. This move is intended to shield Indian steel firms from an excess of steel imports, which were […]
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JK Lakshmi Cement Plans Big Growth with More Production and New Businesses
JK Lakshmi Cement hopes to increase its revenues by over 10% in the current year. It also hopes to increase its profits by optimizing how it operates its factories and enhancing its cement manufacturing capacity. “We are seriously putting in an effort to grow both in cement as well as associated businesses like concrete solutions […]
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NCL Industries Sees Higher Cement Sales but Big Drop in Profit
NCL Industries sold 7% more cement during the final three months of financial year 2024–25 than they did in the same period last year. They sold 794,096 metric tonnes, which was an increase from 729,655 metric tonnes last year. They also produced 8% more cement, producing 790,663 metric tonnes. However, the company’s other products weren’t […]
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India’s Shift to Green Steel for Cleaner Construction
India has commenced the use of “green steel” for the first time. Green steel emits much less pollution compared to standard steel. ARS Steel produced special steel bars and shipped them to Epic Group, which is constructing a new factory in Bhubaneswar, Odisha. This factory will be extremely environmentally friendly. It will not waste water […]
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