JSW Cement, a part of USD 12 billion JSW Group, on Monday announced its foray into ready mix concrete (RMC) business under the brand name ‘JSW Concrete’. It has set up its first commercial RMC unit in Chembur, Mumbai and has plans to expand the business to other locations, JSW Cement said in a statement.
As cement offtake remained weak in the first half of the current fiscal ending September, ratings agency ICRA forecasts demand to bounce back from the last quarter, pinning hopes on housing and infrastructure to revive demand. As the Real Estate Regulatory Authority (RERA) affected real estate activity, with sand shortage and GST implementation compounding problems
JK Cement is planning to add up to 8 million tonne per annum (MTPA) capacity in the next five years, taking the total installed capacity to around 18 MTPA for grey cements, said a top company official. The company is planning to expand to 3.5 to 4 million tonne in brownfield and greenfield projects separately.
Cement Maker, Ambuja Cement is digitizing its entire supply chain to improve visibility of the process, deliver quality customer service, and optimize cost, said Martin Kriegner, director of the company, while conducting the company’s first virtual annual general meeting . “Company’s strategy of taking strong measures to enhance overall efficiency and productivity, as well as
“There is nothing to say. He (Radhakishan S Damani) is a respectable person who has chosen to invest in India Cements. I should not say more. This company has been around for more than 70 years. We will continue to make cement,” said N Srinivasan, MD of India Cements while addressing the media following the
