Cement prices in August fell by 3% to Rs 328 per 50 kg

10 Sep 2021 CW Team

Due to the increasing cement prices in the June quarter of 2021, Indian cement industries were unable to sustain themselves in the subsequent months.

The average cement price fell by about 3% to Rs 328 per 50 kg in August 2021, with a 6% price drop in the eastern part of the country, while the remaining region witnessed a 1-3% drop.

Intense competition in the cement industry and monsoon were the main reason for the price hike. In the eastern part of the country, the increased capacity of existing big players, price hike of sand, and weak demand from the state governments led to the downfall of prices in August.

According to an estimate, between the fiscal years (FY) 2022 and FY23, around 44% of the incremental capacity of the Indian cement industry will be in the eastern part of the country. It will lead to rising competition in the region.

As per analysts, the cement demand has been stable in August this year. They estimated a year-on-year (YoY) double-digit volume growth for cement industries in the September quarter.

Looking at the low base of cement demand last year, the all India average cement prices were 5.6% higher than the previous year. As the monsoon season retreats and better cement demand, cement industries may increase cement prices in September and the following months to deal with the rising input costs.

Image Source

Also read: Cement prices in India improve, maximum hike in southern India

Also read: Cement prices in May stay firm despite Covid-19 disruptions

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..