Shree Cements' Akhoury Appointed Chairman of Cement Research Body

25 Jan 2024 CW Team

The appointment of Prashant Bangur comes at a crucial juncture for the cement industry, where research and innovation play pivotal roles in enhancing sustainability, efficiency, and overall quality. As the newly appointed Chairman, Akhoury is expected to bring valuable insights and strategic direction to the state-owned research body, fostering advancements that benefit the entire cement sector.

Shree Cements, under the leadership of Prashant Bangur, has been known for its commitment to technological advancements and sustainable practices in cement manufacturing. The appointment reinforces the synergy between industry leaders and government initiatives, emphasising collaboration to drive progress in research and development within the cement domain.

With Akhoury at the helm, the state-owned cement research body is likely to witness a renewed focus on exploring cutting-edge technologies, sustainable production methods, and addressing challenges specific to the cement industry. This move aligns with broader industry trends where collaboration between private enterprises and government bodies contributes to the growth and evolution of key sectors.

Prashant Bangur's leadership role is anticipated to catalyze positive changes in cement research, fostering innovation that not only elevates the competitiveness of Indian cement manufacturers but also aligns with global sustainability goals in the construction and infrastructure domains.

In a notable industry development, Shree Cements' Managing Director, Prashant Bangur, has been appointed as the Chairman of the National Council for Cement and Building Materials for the years -- 2023 and 2024. The decision reflects the industry's recognition of Akhoury's expertise and leadership in the cement sector, as well as his potential contributions to advancing research and development initiatives.The appointment of Prashant Bangur comes at a crucial juncture for the cement industry, where research and innovation play pivotal roles in enhancing sustainability, efficiency, and overall quality. As the newly appointed Chairman, Akhoury is expected to bring valuable insights and strategic direction to the state-owned research body, fostering advancements that benefit the entire cement sector. Shree Cements, under the leadership of Prashant Bangur, has been known for its commitment to technological advancements and sustainable practices in cement manufacturing. The appointment reinforces the synergy between industry leaders and government initiatives, emphasising collaboration to drive progress in research and development within the cement domain. With Akhoury at the helm, the state-owned cement research body is likely to witness a renewed focus on exploring cutting-edge technologies, sustainable production methods, and addressing challenges specific to the cement industry. This move aligns with broader industry trends where collaboration between private enterprises and government bodies contributes to the growth and evolution of key sectors. Prashant Bangur's leadership role is anticipated to catalyze positive changes in cement research, fostering innovation that not only elevates the competitiveness of Indian cement manufacturers but also aligns with global sustainability goals in the construction and infrastructure domains.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..