India

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LafargeHolcim eyes Indian growth

This week, LafargeHolcim group stepped up its efforts to expand its operations in the high-growth Indian cement market. Both ACC Ltd and Ambuja Cement, subsidiaries of LafargeHo...

India's GST council may cut tax on cement

India's GST council may cut tax on cement

India's Goods and Service Tax (GST) council may consider moving construction items, such as cement, out of its highest tax band of 28 per cent in its meeting next week, accordin...

Binani Cement changes name following acquisition

Binani Cement changes name following acquisition

Binani Cement has announced that it will be changing its name to UltraTech Nathdwara Cement Ltd, following the company’s acquisition by UltraTech on 20 November. UltraTech Cemen...

ACC announces INR30bn expansion plans

ACC announces INR30bn expansion plans

The board of India's ACC has approved a proposal for setting up an integrated greenfield project at Ametha, Madhya Pradesh, with a clinker capacity of 3Mta and cement of 1Mta. T...

Raysut Cement targets international expansion

Raysut Cement targets international expansion

This week Oman's Raysut Cement Co announced that it is planning to expand its portfolio by entering the Indian cement markets of Gujarat and Chhattisgarh, as well as targeting a...

Mahendra Singhi appointed as president of CMA

Mahendra Singhi appointed as president of CMA

CEO of Dalmia Cement (Bharat), Mahendra Singhi, has been appointed as the new president of India’s Cement Manufacturers Association (CMA). Mr Singhi will take over the position ...

India Cements to acquire Springway Mining

India Cements to acquire Springway Mining

India Cements has entered into a share purchase agreement to acquire the entire shareholding of Springway Mining in a phased manner. On 3 December 2018 the company purchased the...