Cement
GST 2.0: Affordable Housing Gains Momentum, But Key Challenges Remain
GST 2.0 is set to boost affordable housing with a 1% rate and reduced costs, but supply chain delays and rising labour costs...
CCI Approves JSW Paints Acquisition of Akzo Nobel India Stake, Set to Reshape Paints Market
The Competition Commission of India has approved JSW Paints’ acquisition of a majority stake in Akzo Nobel India, reshaping competition in the country’s...
Infra.Market Secures ₹730 Crore in Final Pre-IPO Funding Round
Infra.Market raises ₹730 crore in its final pre-IPO funding round led by Nikhil Kamath, founders, and investors, ahead of a major IPO filing...
Birla Corporation Bets Big on Expansion, Eyes Growth Beyond Cement
Birla Corporation, part of the MP Birla Group, has announced a ₹4,335 crore expansion plan to raise its cement production capacity to 27.6...
GST Reduced to 5% on Building Materials, Utensils, and Handicrafts to Benefit Public and MSMEs
The 56th GST Council meeting reduced GST on building materials, household utensils, handicrafts, and certain transport services from 12% to 5%. This move...
JK Cement begins work on ₹3,000-cr greenfield plant in Jaisalmer
The plant will be a significant addition to JK Cement’s present capacities and will help expand its reach across high-demand markets of Rajasthan,...
GST on Cement Cut to 18%: Relief for Real Estate and Affordable Housing
The big news is that the GST council has decreased the tax on cement from 28% to 18%, as announced in its 56th...
GST Cut May Shift Cement Market Towards Premium Players, Says Nomura
India’s cement market is bracing for a major shift as the GST Council meets on September 3–4 to decide on reducing the tax...
Star Cement Arm Wins Limestone Block in Rajasthan, Boosting Raw Material Security
Star Cement on August 22 announced that Star Cement North East, its subsidiary, has been declared as the preferred bidder for the Parewar...
China’s “Supercool” Cement Promises Cooler Cities, Net-Negative Carbon Potential
In a breakthrough that could reshape construction materials, researchers at Southeast University, China, have developed a new type of cement that cools itself...
