Drop in cement prices in the East and South India

Godrej Construction: On high volatility in cement prices and the demand

High Volatility is seen Cement prices in recent times. CW speaks with Abhijeet Gawde, Head of Business Development and Marketing, Godrej Construction, a business unit of Godrej & Boyce, the flagship company of Godrej Group, get a deeper understanding of what the Cement/RMC demand looks like for India.

How do you view the current market for cement/RMC in India?
The Ready Mix Concrete (RMC) industry in India is focused on improving the quality of construction for current and future generations. We are expecting the demand for RMC to be driven by increase in number o..

The domino effect of price rise on the construction industry

While infrastructure has been taking centre-stage for India like never before, the price rise at an arbitrary rate is playing spoilsport, directly impacting project balance sheets.

The unique feature of rise in cost of input factors is the domino effect that it creates, says Ajay Hans, Managing Director and CEO, Welspun Enterprises. He adds, “Developers who have been dependent on subcontractors for direct execution of work face supplementary challenges owing to such unprecedente..

JK Cement to increase cement costs in Q4

JK Cement plans to increase the cost of cement in the fourth quarter after November and December witnessed a price drop, Rajnish Kapur of JK Cement told the media.

Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations

Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.

Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..

Jaishankar Highlights Mumbai-Ahmedabad Bullet Train Benefits

india's vision of a modern and interconnected transportation network. Foreign Minister S Jaishankar has emphasised the significant benefits of the Mumbai-Ahmedabad bullet train project, citing its potential to revolutionise transportation and boost economic growth. Speaking on the project, Jaishankar highlighted its role in enhancing connectivity, fostering economic development, and strengthening bilateral ties with Japan.

The Mumbai-Ahmedabad bullet train project, a flagship infrastructure initiative between India and Japan, aims to reduce travel time between the two cities from hour..