Nuvoco Vistas Acquisition of Vadraj Cement Gets Green LightThe Mumbai bench of the National Company Law Tribunal has approved Nuvoco Vistas’ acquisition of Vadraj Cement through India’s bankruptcy process. Vadraj Cement, formerly owned by ABG Shipyard, had liabilities totalling $1.1bn. Nuvoco Vistas, part of the Nirma Group, will pay US$209m for the Gujarat-based company, which includes grinding units in Surat and a clinker plant in Kutch. This acquisition boosts Nuvoco’s total cement capacity to approximately 31Mt/yr, positioning it as India’s fifth-largest cement producer. Nuvoco secured the deal through a competitive auction, surpassing bids from JK Cement, JSW Cement, KIFS, RKG Fund and Orissa Metaliks.Contact: Nuvoco VistasWebsite: https://nuvoco.com/Mail: itsl@idbitrustee.comTel: 91 (0) 22 4080 7000India’s Cement Demand to Grow 7.5 per cent in FY 2025–26: CRISILIndia’s cement demand is projected to rise by 6.5–7.5 per cent in FY 2025–26, buoyed by a 10 per cent increase in infrastructure allocations and expectations of a strong monsoon, according to a CRISIL report. In FY 2025, growth was limited to 4.5–5.5 per cent due to election-related delays and a high base effect. Infrastructure—led by roads, railways, and irrigation—remains the biggest demand driver, contributing up to 31 per cent of consumption. Rural housing, expected to account for 32–34 per cent will benefit from increased agricultural income and schemes like PMGSY and MNREGA. Urban housing is also set to recover, aided by interest rate cuts and a 45 per cent budget hike for PMAY–Urban.Contact: CRISILWebsite: https://www.crisil.com/Tel: 91 22 6137 3000UltraTech Cement Boosts Capacity with Major ExpansionsUltraTech Cement has significantly expanded its capacity by commissioning a 3.35Mt/yr brownfield clinker line and the first of two 2.7Mt/yr cement mills at its Maihar unit in Madhya Pradesh. The second mill is slated for commissioning in Q1 of FY 2026. The company also completed brownfield expansions at its Dhule unit in Maharashtra (1.2Mt/yr) and Durgapur unit in West Bengal (0.6Mt/yr), and launched its first bulk terminal in Lucknow, Uttar Pradesh, with a 1.8Mt/yr handling capacity. With these additions, UltraTech’s total domestic grey cement capacity rises to 183.36Mt/yr, and global capacity reaches 188.76Mt/yr.Contact: UltraTech CementWebsite: https://www.ultratechcement.com/Tel: 1800 210 3311Dalmia Cement Increases Capacity at Rohtas Plant in BiharDalmia Cement (Bharat), a subsidiary of Dalmia Bharat, has begun commercial production at its upgraded grinding unit at Rohtas Cement Works in Bihar. The expansion adds 0.5Mt/yr, taking the unit’s capacity to 1.6Mt/yr. This enhancement brings the group’s total cement production capacity to 49.5Mt/yr. The move strengthens Dalmia’s footprint in eastern India and supports its growth strategy in the region’s high-demand markets.Contact: Dalmia CementWebsite: https://www.dalmiacement.com/Mail: marketing@dalmiacement.comTel: 91 11 23465100