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

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..