Aditya Birla Chairman Predicts Major Growth in Building Materials Business
ECONOMY & POLICY

Aditya Birla Chairman Predicts Major Growth in Building Materials Business

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.

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.

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