Shree Cement Chairman on Cement Industry Consolidation

13 May 2024 CW Team

HM Bangur, Chairman of Shree Cement, has highlighted the accelerated pace of consolidation within the cement industry. Speaking on the industry landscape, Bangur emphasised the significant transformation occurring as companies seek to strengthen their market positions through mergers and acquisitions.

According to Bangur, the cement industry is witnessing a notable trend of consolidation, driven by various factors including market dynamics, regulatory changes, and evolving consumer preferences. He noted that this consolidation is happening at a faster pace than before, reshaping the competitive landscape of the industry.

Bangur's remarks shed light on the strategic moves being made by cement companies to enhance their competitiveness and achieve economies of scale. He underscored the importance of consolidation as a means to optimise resources, improve operational efficiency, and capitalise on growth opportunities in the market.

The Chairman of Shree Cement also emphasised the need for companies to adapt to changing market dynamics and embrace innovation to stay ahead in the competitive environment. He highlighted Shree Cement's commitment to innovation and sustainability as key drivers of its success in the industry.

Overall, Bangur's insights provide valuable perspective on the ongoing consolidation trends in the cement sector and underscore the importance of strategic decision-making in navigating the evolving industry landscape. As the industry continues to undergo transformation, companies like Shree Cement are well-positioned to leverage opportunities and drive sustainable growth.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..