Adani group: Big plans laid out for cement

31 Mar 2023 CW Team

The Adani group has revealed intentions to quadruple capacity to 140 million tonnes (mt) by 2027–2028, nearly six months after it completed the acquisition of Holcim's cement operations. The 460,000 million investment is anticipated, and it will be financed by internal accruals.

With a 67.5mt capacity, the firm is the second-largest cement producer in the nation. With a 120mt capacity, UltraTech Cement from the Aditya Birla group takes the lead.

From March 27 to 30, Ambuja Cement and ACC will hold roadshows in Singapore and Hong Kong.

The firms said the expansion included further capacity unlocking through debottlenecking in a presentation to investors.

By 2027–2028, net sales are anticipated to increase from an estimated 297,000 million in 2022–2023 to 700,000 million as a result of the growth.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..