Cement Industry Revival Investment Plan Announced

26 Sep 2024 CW Team

Union Minister H.D. Kumaraswamy has unveiled a comprehensive Rs 700 crore investment plan aimed at revitalizing the cement industry in India. This initiative, announced during a recent press conference, seeks to enhance domestic production capabilities and create job opportunities within the sector. The funding will be allocated towards establishing new manufacturing plants and upgrading existing facilities, ultimately boosting the country's cement output to meet the increasing demand driven by infrastructure projects.

Kumaraswamy emphasized the significance of the cement industry in India’s economic landscape, noting its critical role in supporting large-scale infrastructure developments such as roads, housing, and urbanization. The investment is expected to foster technological advancements in cement production, ensuring environmentally sustainable practices are adopted throughout the manufacturing process. This aligns with the government's broader goals of enhancing sustainability and reducing carbon footprints in industrial operations.

Furthermore, the minister highlighted the potential for this investment to create numerous job opportunities across various skill levels, thereby contributing to local economies and improving livelihoods. He also mentioned that the cement sector has faced challenges due to fluctuations in raw material costs and market demands, making this timely investment crucial for the industry's recovery and long-term stability.

This revival plan reflects the government's commitment to strengthening the cement sector, ensuring it remains a key contributor to India's ambitious infrastructure development goals. The initiative aims to position India as a leader in cement production, thereby supporting the overall growth of the construction and infrastructure sectors in the country.

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..