Cement despatches rise

01 Mar 2010 CW Staff

Due to robust demand from the cement consuming sectors, cement industry reckoned new high in despatches in January. The industry, with over 50 players, sold 18.19 mn tonne in January, surpassing its earlier high of 18.1 mn tonne in March 2009. Jaiprakash Associates came up with a whopping growth of over 60 per cent whereas JK Lakshmi Cement posted 38 per cent rise in its despatches in January. Similarly, Birla firms, UltraTech Cement and Grasim Industries sold 16.5 per cent more cement and Shree Cement’s despatches jumped 18 per cent.The industry has so far added around 22 mn tonne of new capacities and is expected to take its overall capacity to close to 245 mn tonne in the current financial year. The country’s cement consumption has risen from 113.86 mn tonne in 2003-04 to close to 190 mn tonne in 2008-09.

Contact: JK Lakshmi Cement. Tel: 011-2331 1112. Fax: 011-2372 2251. Website: www.jklakshmi.com

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..