Tamil Nadu govt aims 18.86 mt cement production
Cement

Tamil Nadu govt aims 18.86 mt cement production

Tamil Nadu is planning to expand its existing cement production to 17 mt with the construction of a new cement plant with a 10 mt capacity.

The state has set a production target of 18.86 mt, and after increasing capacity, government cement will be sold on the open market, lowering cement prices, according to Thangam Thennarasu said in the Assembly.

Salem West MLA R Arul raised the issue, claiming that cement manufacturers work as a syndicate and fix prices arbitrarily, causing people to suffer. Arul urged the state to increase cement production by fourfold to ensure that enough cement is available on the open market, lowering the price of private cement.

In response to Arul, the minister informed that the price of cement was Rs 420 per bag in January and Rs 490 in June of this year. A meeting with cement manufacturers was held on June 16 on the orders of Chief Minister MK Stalin, in which the cement manufacturers were asked to lower the price. Following the meeting, the cement price was reduced to Rs 450 per bag, down from Rs 420 per bag until August 31.

The minister also said that the state has launched a brand of cement called Valimai and that once it is available on the open market, the price of cement bags will drop even more.

Image Source


Also read: UltraTech plans $875 mn investment as a part of growth plan

Tamil Nadu is planning to expand its existing cement production to 17 mt with the construction of a new cement plant with a 10 mt capacity. The state has set a production target of 18.86 mt, and after increasing capacity, government cement will be sold on the open market, lowering cement prices, according to Thangam Thennarasu said in the Assembly. Salem West MLA R Arul raised the issue, claiming that cement manufacturers work as a syndicate and fix prices arbitrarily, causing people to suffer. Arul urged the state to increase cement production by fourfold to ensure that enough cement is available on the open market, lowering the price of private cement. In response to Arul, the minister informed that the price of cement was Rs 420 per bag in January and Rs 490 in June of this year. A meeting with cement manufacturers was held on June 16 on the orders of Chief Minister MK Stalin, in which the cement manufacturers were asked to lower the price. Following the meeting, the cement price was reduced to Rs 450 per bag, down from Rs 420 per bag until August 31. The minister also said that the state has launched a brand of cement called Valimai and that once it is available on the open market, the price of cement bags will drop even more. Image Source Also read: UltraTech plans $875 mn investment as a part of growth plan

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code