India

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Kesoram to boost cement capacity to 15Mta

Kesoram to boost cement capacity to 15Mta

Kesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 ye...

India on the recovery path

India on the recovery path Premium

India’s cement industry made a strong comeback in 2021 as the economy started showing a visible post-COVID-19 recovery. The sector posted steep YoY growth of 21 per cent – a lev...

GDP recovery fuelling Indian cement demand

GDP recovery fuelling Indian cement demand

Cement demand in India is expected to rise by mid-to-high single digits in the medium term, according to Fitch Ratings. This follows an estimated mid-teen rebound in FY22, compa...

Ambuja Cements embraces digitalisation

Ambuja Cements embraces digitalisation

Ambuja Cements Ltd ( Holcim group ) has renewed its focus on digitalisation. This will remain a key area for Ambuja Cements as it reshapes the way the company operates from runn...

Adani Group in discussions to raise US$4.5bn

Adani Group in discussions to raise US$4.5bn

Following its acquisition of Holcim’s business in India, the Adani Group is in discussions with more than a dozen foreign banks in a bid to raise US$4.5bn. According to The Econ...

Ramco Cements announces capex and price rise

Ramco Cements announces capex and price rise

Ramco Cements has announced capex of INR12-13bn (US$154-167m) to expand its production capacity over the next two years. At its Kurnool plant, trial production of clinker is now...

ACC Ltd releases ACC Gold Water Shield

ACC Ltd releases ACC Gold Water Shield

ACC Ltd ( Holcim Group ) has developed ACC Gold Water Shield, which is the country’s first specially-formulated cement with high-quality water-repelling properties. The product ...