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

Next Story
Technology

Digital engineering resolves issues before money is deployed onsite

Construction is moving from drawings and delays to data-led delivery. Varunkumar Sagarkar, Director, shares how Desapex is helping developers and contractors make BIM, ISO 19650 and digital twins work on real projects.How is Desapex helping construction companies move from traditional project delivery to digital-first execution?When we started, the first challenge was capacity. We saw strong adoption of digital technology in markets such as the Middle East, Europe and the US, but India lacked the depth of resources required to deliver those services at scale. Over time, we also saw many failed..

Next Story
Equipment

CASE India appoints Sachin Tare to lead manufacturing

CASE Construction Equipment, a brand of CNH, has appointed Sachin Tare as Director – Manufacturing to lead manufacturing operations at its Pithampur facility near Indore, Madhya Pradesh. In his new role, Tare will focus on improving operational efficiency, quality and productivity while supporting the company’s growth in India and global markets.Tare brings over three decades of experience across manufacturing, supply chain, operations and business transformation in the engineering and automotive sectors. He spent nearly 30 years with Mahindra & Mahindra, where he held leadership posit..

Next Story
Infrastructure Urban

Bondada Enters Defence Sector with KCS Engineering Acquisition

Bondada Engineering Limited, a renewable energy and infrastructure solutions company, has announced its entry into the defence and aerospace sector through its subsidiary Bondada Dynamics Private Limited (BDPL), which has entered into a Business Acquisition Agreement to acquire a 75% ownership stake in KCS Engineering Solutions.As part of the strategic expansion plan, KCS Engineering Solutions will be converted into a private limited company, proposed to be named BKCS Technologies Private Limited, with the “B” representing Bondada. Following the conversion, BKCS Technologies will operate a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement