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1.We all learn to make business from India

With a decade long agile presence, Schwing Stetter India, a 100 per cent subsidiary of the Schwing Group of Companies GMBH has introduced path breaking products in the Indian concrete pumping industry.


2.UltraTech Cement commissions two plants

The industrial development department in Uttarakhand has signed a MoU with UltraTech Cement for the commissioning of two new cement plants in the Dehradun and Almora districts. UltraTech Cement will reportedly invest Rs 5,000 crore in the project. The cement plant in Tyuni, Dehradun district, will have a production capacity of 3.5 mtpa and the facility at Someshwar, Almora district, will have a capacity of 2 mtpa.


3.Cement consumption may increase

According to the Cement Manufacturers Association, the consumption of cement in the country is expected to increase by 8-9 per cent over the next year, taking the estimated cement consumption in FY 2013-14 to about 280-285 mn tonne, from around 260 mn tonne in 2012-13 fiscal. UltraTech Cement has expressed concerns over the lag in the industry, which has been seeing an excess capacity of about 100 mn tonne.


4.Zuari Cement expansion plans

Zuari Cement has plans to expand its capacity in three Indian states despite the current market challenges, citing huge long-term potential for domestic cement consumption. The company is setting up a grinding unit in Auj and Shingadgaon in Solapur, Maharashtra, a terminal in Kochi, Kerala and an integrated cement plant in Gulbarga, Karnataka.


5.Ambuja Cement opens terminal

Ambuja Cement has inaugurated its first fully automatic terminal with a capacity of 1 mn tonne in Mangalore. Through this new facility, all states along the west coast are now covered by Ambuja Bulk Cement Terminals (BCTs). The new terminal at Mangalore will provide Ambuja an opportunity to receive imported cement and also help in reducing the negative effect of seasonality of the Gujarat plant.


6.JSW Steel takes control of Raigad unit

JSW Steel had earlier entered into a business transfer agreement for the acquisition of its cement grinding facility at Raigad, Maharashtra with Heidelberg Cement India. However, now there is a concern due to its slump sale. In terms of the business transfer agreement, the Raigad undertaking has been transferred to the company.


7.Govt cement godown opposed

The government's decision to establish a cement packing godown at Kollam port in Kerala has been opposed by the Coastal Protection Council. This plan was included as part of the comprehensive Kollam port development project. The Council members in Kollam alleged that the master plan was finalised without considering health hazards to the people. They added that the godown will also affect the functioning of the traditional fishing harbour in Thankassery.


8.Dalmia Cement buys land

The limestone mining project of Dalmia Cement has been opposed by farmers in the Yadawad village in Karnataka. According to a memorandum in 2010, the government had given permission to the company to buy 497 acre in Yadawad village to set up the plant through Karnataka Industrial Area Development Board the board. Later, the government extended this permission to 1,598 acre and KIADB is acquiring the land. So far, KIADB has acquired 1,086 acre in the area.


9.KNAACK-KRANE ADDS LIEBHERR MOBILE CRANE

A Liebherr LTM 1750-9.1 mobile crane was delivered to Hamburg-based Knaack-Krane. This new 750-tonne crane has enabled the company to extend its fleet upwards. The Liebherr crane delivers excellent load capacities and is suitable for a wide range of uses. In addition to its performance, the 9-axle Liebherr.


10.HITACHI TO MAKE INDIA BASE FOR BUSINESS

Japan's engineering and electronics major, Hitachi, has plans to expand its construction machinery and power electronics products business in Africa, Middle East and South East Asia by making India a base for these segments.The group, which plans to invest Rs 4,700 crore by the financial year 2015-16, will boost its business supported by production for consumption in India by increasing the localisation component.


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