The Nashik Municipal Corportation is planning to construct concrete (cement) roads in the city by next year. A proposal regarding the same will be presented in the civic body’s budget for FY2020-21.
Infrastructure and real-estate’s contribution to India’s GDP is the highest at 29.5 per cent, says Pradyumna Mishra.
HeidelbergCement Group is reportedly looking to acquire companies with a capacity of more than 5 mt and is also looking at taking up some brownfield expansions while giving a stronger push for its ‘Zuari’ brand in the southern market.
Shree Cement is at an advanced stage of raising more than Rs.20 bn through a qualified institutional placement (QIP) offering.
State-owned Tamil Nadu Cements Corp has expanded the capacity of its Ariyalur complex with an investment of Rs.8.09 bn.
Brihanmumbai Municipal Corporation (BMC) has recently changed the scope of at least 40 tenders to make way for roads made of cement in place of asphalt as a long-term solution since the former has a life of 10-15 years whereas, asphalt retains for about four years.
India is the second largest producer of cement in the world. The housing and real estate sector is the biggest demand driver of cement, accounting for about 65 per cent of the total consumption in India.
Introducing new products is helping suppliers of cement, concrete and precast meet growth targets despite the general slowdown.
Safety, productivity and versatility technologies are crucial to successful mining.
Vendor speak to boost demand, user speak to make available higher end equipment and better services.
Great! You are one of our members now
