SICMA assures Tamil Nadu govt to contain cement costs
Real Estate

SICMA assures Tamil Nadu govt to contain cement costs

The South Indian Cement Manufacturers Association (SICMA) had assured the state government to contain the cement prices.

The Association sought the government’s support to surge over the coal shortages, affecting various operations, resulting in higher operations costs.

This assurance comes during the unprecedented spike in the cost of various construction materials, including cement, in the last two years, which adversely affected builders and developers.

SICMA representatives, Ramco Cements, India Cements and others met state industries minister Thangam Thennarasu.

President of SICMA, N Srinivasan, told the media that there had been a steep rise in the price of every input material for cement, especially coal.

He said that despite the commodity prices having increased and the Ukraine crisis affecting petroleum products, transport costs and packing materials, the industry would strive to contain costs.

He added that compared to prices a year ago, the wholesale price index of cement has dropped by 3%.

According to a statement, SICMA highlighted that Tamil Nadu is being deprived of domestic coal from Singareni or western coalfields and is further depending on imported coal for power supply and fuel.

The cost of imported coal has increased by 4-5 times in the last few months. The ongoing Russia-Ukraine war has lowered the availability of coal.

Now, new coal consignments are not only costlier but also difficult to source, urging the government to find new ways to help the industry.

Image Source

Also read: Cement production may be impacted as coal and pet coke costs surge

The South Indian Cement Manufacturers Association (SICMA) had assured the state government to contain the cement prices. The Association sought the government’s support to surge over the coal shortages, affecting various operations, resulting in higher operations costs. This assurance comes during the unprecedented spike in the cost of various construction materials, including cement, in the last two years, which adversely affected builders and developers. SICMA representatives, Ramco Cements, India Cements and others met state industries minister Thangam Thennarasu. President of SICMA, N Srinivasan, told the media that there had been a steep rise in the price of every input material for cement, especially coal. He said that despite the commodity prices having increased and the Ukraine crisis affecting petroleum products, transport costs and packing materials, the industry would strive to contain costs. He added that compared to prices a year ago, the wholesale price index of cement has dropped by 3%. According to a statement, SICMA highlighted that Tamil Nadu is being deprived of domestic coal from Singareni or western coalfields and is further depending on imported coal for power supply and fuel. The cost of imported coal has increased by 4-5 times in the last few months. The ongoing Russia-Ukraine war has lowered the availability of coal. Now, new coal consignments are not only costlier but also difficult to source, urging the government to find new ways to help the industry. Image Source Also read: Cement production may be impacted as coal and pet coke costs surge

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement