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

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..