Lafarge India was awarded with the first FICCI Safety Excellence Award for Manufacturing. Mallikarjun M Kharge, Minister for Labour and Employment, Government of India, presented the award to Uday Khanna, CEO and Managing Director, Lafarge India.
As a result of Lafarge’s new efforts to reorganise the company, it has appointed Martin Kriegner as CEO of Lafarge India with responsibility for all of the company’s cement, aggregates and concrete activities in the country.
Competition regulator CCI has given its go-ahead to the proposed 14 per cent stake sale in french cement major Lafarge' Indian subsidiary to Baring Private Equity Asia, saying the deal will not adversely effect competition in the country. The proposed deal comprises the subscription of 14.03 per cent stake in Lafarge India by Paris Cement Investment Holdings -- a wholly owned subsidiary of Baring.
Innovation, in the context of the Indian building and construction industry - be it products, spaces or structures - is a function of a lot of factors like high quality, ease of use, functionality, spatial proportion, engineering skill, iconic value, differentiated design, uniqueness, creative skill, etc.
MARTIN KRIEGNER asserts that challenging times call for innovations from construction companies to change their status quo. As India and most countries battle a tough economic environment, it is equally important to keep long term challenges in sight. Cities will, as has been the case in the past, continue to see a rapid increase in their population.