Cement News tagged under: Cement Manufacturers Association
Mahendra Singhi considers COVID-19 impact on the Indian cement industry07 May 2020, Published under Cement NewsMahendra Singhi, president of India’s Cement Manufacturers Association and managing director and CEO of Dalmia Cement (Bharat) Ltd, opened Cemtech’s third live webinar yesterday. Mr Singhi started by recognising the severe impacts caused by the COVID-19 pandemic. In India, for example, the scale of the nationwide lockdown is the largest ever seen. As a result, the pace of its economy has considerably slowed in recent months and GDP may contract 0.5-2 per cent YoY in the FY21. However, the... |
CMA announces president and VP appointments04 December 2019, Published under Cement NewsIndia’s Cement Manufacturers' Association (CMA) has elected Mahendra Singhi as its president for the second year running. "I'm extremely proud to be associated with CMA during this year of rapid and profound positive environmental impact. I'm looking forward as CMA President to making 2020 an even more prolific year. Indian cement is working on a low carbon technology map and remaining fully sustainable. The cement industry is consciously working on achieving and aligning itself with the S... |
CMA hold meeting with Singareni Collieries Co Ltd15 August 2019, Published under Cement NewsIndia's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive director (Coal Movement), SCCL and N V Rajasekhar Rao, deputy general manager (Marketing), SCCL. The s... |
Nepal's operational capacity enough to meet demand for 10 years01 April 2019, Published under Cement NewsNepalese cement manufacturers are reportedly discouraging fresh investment into new domestic production capacity, as supply is now more than adequate to meet demand. "Cement produced by the industries currently in operation is adequate to meet the demand for the next 10 years," said Dhruba Raj Thapa, president of the Cement Manufacturers' Association of Nepal (CMAN), in an interview with Nepal Republica. "If investment continues to pour in this sector, all industries have to lower their c... |
The CMA calls on the government to lower tax on cement18 May 2018, Published under Cement NewsIndia's Cement Manufacturers' Association (CMA) has argued that cement should be brought under the lowest Goods and Services Tax (GST) slab. It currently attracts 28 per cent, the highest slab on a par with luxury goods in India. Speaking at the 14th Green Cementech 2018, the CMA claims that by lowering the GST, it will lower costs and aid cement demand. Philip Mathew, co-chairman of Green Cementech 2018 and chief manufacturing officer of ACC Ltd, said various cement manufacturers have... |
India: CMA calls for lower tax on cement24 December 2014, Published under Cement NewsIndia’s Cement Manufacturers Association has urged the government to lower the overall tax on cement by 20-25 per cent. In a pre-Budget representation, the industry body said despite being a core industry, overall taxes hover around 60 per cent, comparable with luxury goods while other key industries such as coal and steel are subject to considerably lower tax rates. Excise duty is levied at 12 per cent apart from an additional INR120/t, while duty on other core items is around five per c... |
UltraTech director elected as new CMA president10 January 2014, Published under Cement NewsMr OP Puranmalka, Ultratech Cements whole-time director, has been elected as the new president of the Cement Manufacturers' Association (CMA) of India for the 2013-14 term. Mr Puranmalka will replace MAMR Muthiah of Chettinad Cement, CMA said in a release today. JK Lakshmi Cement whole-time director, Shailendra Chouksey, has been elected as the Vice-President of the 51-year old industry body. Speaking at the CMA's 52nd AGM, Mr Puranmalka raised concerns over the lag in the industry,... |
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