JK Cement - fastest growing cement co: M Singhi - Person of the Year
Cement

JK Cement - fastest growing cement co: M Singhi - Person of the Year

Friday, 17th December, 2021, New Delhi: JK Cement, Ultratech & Shree Cement swept the 5th Indian Cement Review Awards 2021 at The Lalit, Delhi, on 17th December 2021 among the large category (over Rs 5000 cr operating revenue) amidst an august gathering of captains of industry, bankers, fund managers, bureaucrats, technocrats and media.

In his opening address, Mr. Pratap Padode, Founder and President, FIRST Construction Council, said, “The National Infrastructure Pipeline is looking at doubling the annual investment into infrastructure. Between 2014 and 2019, the investment into infrastructure has doubled from Rs 5 trillion in 2014 to Rs 10 trillion in 2019 on an annual basis and going forward the plan is to invest an average of Rs 20 trillion per annum in order to meet the NIP target of spending Rs 111 trillion in five years. Infrastructure projects, which did not need as much, are being done on a much larger scale and are being executed at greater speed."

On receiving the award for the Person of the Year, an emotional Mr. Mahendra Singhi, MD & Group CEO, Dalmia Cement, after thanking the jury of Indian Cement Review and the FIRST Construction Council, the Guest of Honour, Anil Agrawal and his mentor Puneet Dalmia, asserted, “The Indian cement industry is poised to go from grey to green in the time to come. It is ready to support not only itself but other sectors, too. It is time to think afresh, to reshape and repurpose our business. The Indian cement sector is known as the most energy efficient and sustainable one in the world. Now it is time to move toward a net zero economy. I am sure that we would be the flag bearers in this effort across the globe.”

Expressing his delight Shri Agarwal exhorted the cement industry to embrace innovation.
Highlighting the strides that entrepreneurial India is taking, he informed, “We have 80 start-ups, which were valued at over $250 billion as against the market value of all CII companies at $800 billion, and FICCI companies at $400 billion. They have spurred their valuation due to the power of innovation, which is what will similarly revalue cement companies, if they make the moves to further innovation in their industry.”

During and earlier fireside chat both Singhi and Rajnish Kapur, COO, JK Cement parlayed over the challenges of sustainability and decarbonisation. Experts from the industry advocated decarbonisation strategies in view of PM Modi’s commitment to be net zero by 2070.

The evening concluded with cocktails and dinner, and a heartfelt appreciation from the industry stakeholders on the efforts put in by the FIRST Construction Council in recognising and applauding the progress of the Indian cement industry.

Winners

Fastest Growing Cement Company (Large Category over Rs 5000 cr)
1. JK Cement
2. Ultratech
3. Shree Cement

Fastest Growing Cement Company (Medium Category between Rs 2000 cr and Rs 5000 cr)
1. JK Lakshmi Cement
2. Birla Corporation
3. Heidelberg Cement India Limited
4. Orient Cement

Largest & Most profitable Cement Company in India
1. UltraTech

Fastest Growing Cement Company (Small Category less than Rs 2000 cr)
1. NCL Industries
2. Sagar Cements
3. Anjani Portland
Lifetime Achievement
1. Mr Suresh Deolalkar, Consultant

Person of the Year
1. Mr. Mahendra Singhi, Group CEO, Dalmia Cement

The esteemed Jury Advisory Panel included:

  • Mr. Ashok Dembla , Managing Director, KHD Humboldt Wedag
  • Mr. Ashwani Pahuja, Chief Sustainability Officer & Executive Director, Dalmia Cement (Bharat)
  • Dr. Bibekananda Mohapatra, Director General, National Council for Cement and Building Materials
  • Dr. JD Bapat , Adviser and Development Professional
  • Mr. KN Rao, Former Director, ACC
  • Mr. Nitin Vyas, CEO, BEUMER Group
  • Mr. Madhav Vemuri, Director and Entrepreneur, Aideas Engineering
  • Mr. Rahul Deshmukh, Managing Director, Aluminium, Fives India Engineering & Projects Pvt. Ltd.
  • Mr. Pratap Kumar Ghosh, Managing Director, Ercom Engineers Pvt Ltd
  • Mr. Goverdhandas Daga, Director, Secmec Consultants
  • Mr. DD Wanjale, Managing Director, GEBR. Pfeiffer (India)
  • "Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

    Friday, 17th December, 2021, New Delhi: JK Cement, Ultratech & Shree Cement swept the 5th Indian Cement Review Awards 2021 at The Lalit, Delhi, on 17th December 2021 among the large category (over Rs 5000 cr operating revenue) amidst an august gathering of captains of industry, bankers, fund managers, bureaucrats, technocrats and media.In his opening address, Mr. Pratap Padode, Founder and President, FIRST Construction Council, said, “The National Infrastructure Pipeline is looking at doubling the annual investment into infrastructure. Between 2014 and 2019, the investment into infrastructure has doubled from Rs 5 trillion in 2014 to Rs 10 trillion in 2019 on an annual basis and going forward the plan is to invest an average of Rs 20 trillion per annum in order to meet the NIP target of spending Rs 111 trillion in five years. Infrastructure projects, which did not need as much, are being done on a much larger scale and are being executed at greater speed.On receiving the award for the Person of the Year, an emotional Mr. Mahendra Singhi, MD & Group CEO, Dalmia Cement, after thanking the jury of Indian Cement Review and the FIRST Construction Council, the Guest of Honour, Anil Agrawal and his mentor Puneet Dalmia, asserted, “The Indian cement industry is poised to go from grey to green in the time to come. It is ready to support not only itself but other sectors, too. It is time to think afresh, to reshape and repurpose our business. The Indian cement sector is known as the most energy efficient and sustainable one in the world. Now it is time to move toward a net zero economy. I am sure that we would be the flag bearers in this effort across the globe.”Expressing his delight Shri Agarwal exhorted the cement industry to embrace innovation.Highlighting the strides that entrepreneurial India is taking, he informed, “We have 80 start-ups, which were valued at over $250 billion as against the market value of all CII companies at $800 billion, and FICCI companies at $400 billion. They have spurred their valuation due to the power of innovation, which is what will similarly revalue cement companies, if they make the moves to further innovation in their industry.”During and earlier fireside chat both Singhi and Rajnish Kapur, COO, JK Cement parlayed over the challenges of sustainability and decarbonisation. Experts from the industry advocated decarbonisation strategies in view of PM Modi’s commitment to be net zero by 2070.The evening concluded with cocktails and dinner, and a heartfelt appreciation from the industry stakeholders on the efforts put in by the FIRST Construction Council in recognising and applauding the progress of the Indian cement industry.WinnersFastest Growing Cement Company (Large Category over Rs 5000 cr)1. JK Cement2. Ultratech3. Shree CementFastest Growing Cement Company (Medium Category between Rs 2000 cr and Rs 5000 cr)1. JK Lakshmi Cement2. Birla Corporation3. Heidelberg Cement India Limited4. Orient CementLargest & Most profitable Cement Company in India1. UltraTechFastest Growing Cement Company (Small Category less than Rs 2000 cr)1. NCL Industries2. Sagar Cements3. Anjani PortlandLifetime Achievement1. Mr Suresh Deolalkar, ConsultantPerson of the Year1. Mr. Mahendra Singhi, Group CEO, Dalmia CementThe esteemed Jury Advisory Panel included:Mr. Ashok Dembla , Managing Director, KHD Humboldt WedagMr. Ashwani Pahuja, Chief Sustainability Officer & Executive Director, Dalmia Cement (Bharat)Dr. Bibekananda Mohapatra, Director General, National Council for Cement and Building MaterialsDr. JD Bapat , Adviser and Development ProfessionalMr. KN Rao, Former Director, ACCMr. Nitin Vyas, CEO, BEUMER GroupMr. Madhav Vemuri, Director and Entrepreneur, Aideas EngineeringMr. Rahul Deshmukh, Managing Director, Aluminium, Fives India Engineering & Projects Pvt. Ltd.Mr. Pratap Kumar Ghosh, Managing Director, Ercom Engineers Pvt LtdMr. Goverdhandas Daga, Director, Secmec ConsultantsMr. DD Wanjale, Managing Director, GEBR. Pfeiffer (India)

    Next Story
    Infrastructure Urban

    VECV Sales Rise 7.8 Per Cent In May 2026

    VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

    Next Story
    Infrastructure Urban

    Table Space Strengthens DESYN Leadership Team

    Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

    Next Story
    Infrastructure Transport

    Concord Associate Bags Rs 2.79 Bn Kavach Order

    Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement