Cement Demand to Rise by 8%

06 Aug 2024 CW Team

Ultratech Cement forecasts a 7-8% increase in cement demand due to a surge in construction activities. This growth is driven by expanding infrastructure projects and residential developments across India.

The anticipated rise in demand is attributed to several factors, including increased government spending on infrastructure, the expansion of urban areas, and ongoing residential construction projects. These activities are expected to bolster the cement sector, leading to higher consumption and production levels.

Ultratech, one of the leading players in the cement industry, anticipates that this demand surge will positively impact the company's production and revenue. The increased cement consumption is expected to support growth in both urban and rural construction, addressing the needs of a growing population and expanding infrastructure.

The company also notes that favorable economic conditions and government initiatives aimed at boosting construction will contribute to the demand growth. The rise in construction activities aligns with broader trends in infrastructure development and urbanization, further driving the cement industry's expansion.

Overall, Ultratech's outlook reflects optimism about the cement sector's growth prospects, fueled by ongoing and planned construction activities across various regions.

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 ..