India Cements expects demand to rise in key markets
Cement

India Cements expects demand to rise in key markets

With further relaxation of lockdown measures, India Cement expects increased public spending on rural infrastructure, irrigation, road building and other projects. The firm is anticipating that this, along with a pick-up in individual home building and construction, is expected to improve cemen...

With further relaxation of lockdown measures, India Cement expects increased public spending on rural infrastructure, irrigation, road building and other projects. The firm is anticipating that this, along with a pick-up in individual home building and construction, is expected to improve cement demand. It expects demand to pick up in its key markets such as Andhra Pradesh and Telangana, in addition to the release of pent-up demand and rural sales. The two southern states as well as Maharashtra witnessed a steep decline in demand due to deferment of spending on major projects by the newly elected state governments during 2019-20. Cement prices, which started improving from February 2019, went down after the first quarter of last year.Contact: N Srinivasan, Vice-Chairman & Managing Director, India Cements.Address: Coromandel Towers, 93, Santhome High Road, Karpagam Avenue, RA Puram, Chennai-600 028.Tel: 044-2852 1526.E-mail: corporate@indiacements.co.inWebsite: www.indiacements.co.in

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