cement industry
Adani’s Ambuja Cement Powers 30% of India’s Homes, Eyes 140 MTPA by FY28
Flagship cement business of Adani Group, Ambuja Cements, now supplies almost 30% of the cement utilized for housing and infrastructure in India, as...
Cement Sector Eyes Strong Rebound in FY26 on Government Push, Rural Demand
With a subdued FY25, India’s cement sector is looking forward to a robust FY26, driven by increased government infrastructure expenditure and revived rural...
JK Cement Q4 Profit Rises 64.5% at ₹361.3 Cr, FY25 Revenue Crosses ₹12,000 Cr
JK Cement Ltd (JKCL) had a strong quarter in Q4 FY25 with consolidated net profit rising 64.5% year-on-year at ₹361.33 crore. This is...
JSW One Platforms Joins Unicorn Club with ₹340-Crore Fundraise
JSW One Platforms, a B2B e-commerce subsidiary of the JSW Group, joined India’s unicorn club after it raised ₹340 crore in its recent...
Birla Corp to Invest ₹4,335 Cr in Cement Capacity Expansion
Birla Corporation, the flagship of the M P Birla Group, is set to invest ₹4,335 crore to significantly ramp up its cement production...
Ambuja Cements Takes Over 37.8% Shareholding in Orient Cement, Becomes Promoter
Ambuja Cements, which is owned by the Adani Group, has finalized its takeout of a 37.8% shareholding in Orient Cement Ltd (OCL), becoming...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
Cement Prices Plunge in South India, But Rebound Expected in Q1
South Indian cement prices fell sharply at a glance in March and at a bigger pinch than other regions owing to year-end volume pressures...
JK Lakshmi Cement Faces ₹45.6 Crore Tax Demand, Plans to Appeal
JK Lakshmi Cement Ltd, on the other hand, has got ₹45.6 crore tax demand from the Income Tax Authority for the AY 2022-23. The...
Small and Mid-Sized Cement Firms Struggle as Market Giants Tighten Grip
There is a widening disparity in India’s cement industry between market leaders and their smaller brethren. Though larger players such as UltraTech and Ambuja...
