cement industry news
GST Reduction on Cement: A Game-Changer for Housing and Infrastructure
The South Indian Cement Manufacturers’ Association welcomes the GST cut on cement from 28% to 18%, a move set to lower construction costs,...
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...
Ramco Cements to Hit 30 MTPA by 2026, Bets on Chemicals for Growth
Ramco Easy Now Cements to Strike 30 MTPA by 2026, Bets Chemicals for Future Business in the Company. The main enlargement scheme by...
Cement Sector Rally Strengthens as GST Cut Buzz Lifts FY26 Outlook
Cement shares seem all set to be among the biggest winners this FY26, with hopes built on reducing the Goods and Services Tax...
SAIL’s Balasugumar Damniel Recommended as Next Director (Operations) of CCI
Balasugumar Damniel, currently Chief General Manager (Works) at Steel Authority of India Limited, has been recommended for the post of Director (Operations) at...
CCI Clears Dalmia Cement’s Takeover of Jaiprakash Associates via Insolvency Process
In what certainly is an important aspect of the cement industry, the Competition Commission of India (CCI) has finally approved the long-warm request...
JK Lakshmi Cement Merges Udaipur Cement Works to Boost Efficiency and Market Reach
In an important movement within the organizational and market competition, JK Lakshmi Cement had merged its entire owned subsidiary, Udaipur Cement Works Limited...
JK Lakshmi, Chettinad Cement in Race to Acquire Deccan Cements Amid AP Infra Boom
According to sources quoted by The Economic Times, talks are at an advanced stage between JK Lakshmi Cement and Chettinad Cement in acquiring...
Shree Cement Hit with ₹588 Crore Tax Demand for FY22, Says No Major Impact Expected
Shree Cement Ltd, India’s leading cement manufacturer, has been served an income tax demand of ₹588.65 crore for the fiscal year 2021–22. The...
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...
