Ambuja Cement Expands Limestone Reserves

02 Aug 2024 CW Team

Ambuja Cement has significantly increased its limestone reserves by 27.5 million tonnes in the April-June 2024 quarter. This expansion bolsters the company?s raw material base, supporting its production capacity and long-term growth prospects in the cement industry.

Limestone is a crucial ingredient in cement manufacturing, and securing additional reserves ensures a stable supply for future production. This move aligns with Ambuja Cement?s strategic objective to enhance its operational efficiency and maintain its competitive edge in the market.

The acquisition of these reserves reflects Ambuja Cement?s commitment to strengthening its supply chain and meeting the increasing demand for cement, driven by ongoing infrastructure development and construction projects across India. This strategic reserve addition not only supports the company's production needs but also underscores its role in contributing to the country's construction and infrastructure growth.

Ambuja Cement?s focus on expanding its limestone reserves is expected to facilitate smoother operations and better manage raw material costs, ultimately benefiting its production efficiency and financial performance.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..