Aditya Birla Chairman Predicts Major Growth in Building Materials Business

21 Aug 2024 CW Team

Aditya Birla Group Chairman Kumar Mangalam Birla has expressed optimism about the future of the building materials business, anticipating substantial growth in the sector. Speaking at the company's annual general meeting, Birla emphasised that rising infrastructure and real estate developments across India will drive the demand for building materials.

The Group?s building materials division, which includes cement, paints, and aluminium products, is expected to benefit from the surge in construction activities. Birla highlighted the government's focus on infrastructure projects, affordable housing, and urbanisation as key growth drivers. These initiatives are expected to create an increased demand for quality construction materials, providing a significant boost to the company's business.

Additionally, the Group is investing in research and development to introduce sustainable and innovative building materials. This focus on eco-friendly products aligns with the global shift towards greener construction practices. Birla noted that as environmental concerns grow, the demand for sustainable building materials will only increase.

The Aditya Birla Group plans to leverage its strong market presence and technological advancements to capitalise on these emerging opportunities. With a diversified portfolio in the construction materials sector, the company is well-positioned to meet the rising demand and contribute to the nation?s growth.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..