Mapei India has opened a first-of-its-kind Excellence Centre at its Vadodara plant; the centre demonstrates the relationship between manufacturer and architect, from technical expertise and innovation, to providing bespoke project solutions in India and internationally.
Plants in the southern states of the country are reportedly witnessing higher capacity utilisation, and as a result, the region is catching pace with the rest of the country in terms of cement demand.
India Cements has reported gratifying results for the quarter-ended December 31, 2016. Overall sales were up despite the Indian cement sector as a whole registering growth of around only 4.3 per cent through the quarter.
The Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalty on 11 cement companies - UltraTech, Binani, Ramco, Jaiprakash Associates, JK Cement, Lafarge, India Cements, ACL, ACC, Century, Shree Cement, besides Cement Manufacturers´ Association (CMA) - for cartelisation