Godrej & Boyce, Godrej Properties extend partnership in Vikhroli
Union Budget 2024-25: Opinions
Some key highlights related to cement and the building material Industry are:
# Government to launch a scheme to help deserving sections of the middle class living in rented houses or slums or chawls and unauthorised colonies to buy or build their own houses - Likely positive for cement and building material.
# Capex outlay for next year increased by 11.1 per cent to Rs 11.11 tn i.e. 3.4 per cent of GDP – Infrastructure development remains in focus.
# Three major economic railway corridor programmes will be implemented. These are
a) energy, mineral and cement c..
Godrej Interio wins contract for Cochin Intl Airport's new Terminal 2
It was announced by Godrej & Boyce, the flagship company of the Godrej Group, that Godrej Interio, their furniture solutions brand in home and institutional segments, had won the contract for the interior and MEP work for the transit accommodation at Terminal 2 of Cochin International Airport. It was stated that the scope of this project, which covers an area of 55,000 sq ft, includes the completion of civil finishes, plumbing, electrical, HVAC, ELV, fire protection, and BMS works.
Being the busiest airport in Kerala, Kochi Airport manages 61.8% of the total air passenger moveme..
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..
Residents Sceptical of Sahastradhara Road Widening
Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.
The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..
Warburg Pincus Acquires Shriram Housing Finance
Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.
Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..