Shree Cement unveils greenfield in Hyderabad

26 Mar 2024 CW Team

Shree Cement has ventured into the ready mix concrete (RMC) segment with the inauguration of its first greenfield project in Hyderabad. The plant, with a capacity of 90 cubic metres per hour, aims to position the Bangur family-promoted company as a diversified player in the cement industry, according to a statement released by the firm.

Managing Director Neeraj Akhoury expressed that the move into the RMC segment represents Shree Cement's foray into a new line of business. He cited the promising prospects of the RMC sector, driven by India's economic growth, governmental infrastructure initiatives, and increased activity in the housing sector. Akhoury affirmed the company's commitment to expanding its presence in the market through both organic growth and strategic acquisitions.

Additionally, Shree Cement recently acquired five operational plants of StarCrete LLP in Mumbai, further bolstering its RMC capacity. With this acquisition, the company's combined RMC capacity now stands at 512 cubic metres per hour. Shree Cement, operating under the brand name Bangur, currently boasts an installed capacity of 46.9 million tonnes annually in India.

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..