Cement
CREDAI partners with Adani Cement to promote green, best quality construction works
CREDAI has partnered with Adani Cement to promote sustainable construction practices across India. Adani Cement will provide green concrete solutions and technical support to CREDAI members. CREDAI also launched the Green India Council for reforestation and the Skilling Council to develop a future-ready workforce, starting with a large-scale reforestation project in Nashik, Maharashtra.
Adani Group supplied 65,000 tonne of high-strength cement for Chenab bridge
Adani Cement contributed to the Chenab Bridge construction. Ambuja Cements and ACC supplied 65,000 metric tonnes of cement. The cement was Ordinary Portland Cement 43 Grade. The bridge connects Kashmir Valley with the rest of India. Prime Minister Narendra Modi inaugurated the bridge. He also inaugurated the Anji Bridge. The Chenab Rail Bridge is the world's highest railway arch bridge.
ACC on track to build 30% of India’s future? Karan Adani responds
ACC Chairman Karan Adani highlighted the cement industry's pivotal role in India's infrastructure development, projecting significant benefits from the anticipated USD 2.2 trillion investment by 2030. ACC, now exceeding 100 MTPA capacity, aims for 140 MTPA by FY28, leveraging Adani Group synergies in logistics and resources.
Dalmia Bharat, Birla Corp incentive demand worth Rs 430cr at risk after Bengal govt's policy churn
Dalmia Bharat and Birla Corporation risk losing a combined Rs 430 crore in state incentives after West Bengal scrapped eight industrial subsidy schemes from 1993–2013. Dalmia was due Rs 236 crore, and Birla Corporation has sanctioned and pending claims totalling nearly Rs 194 crore. Both firms are considering legal action.
Consolidation in cement to continue, expects 7-8% industry growth in FY26: Dalmia Bharat
Cement industry is set for further consolidation. Top companies may control over 60% of the capacity in two years. Dalmia Bharat anticipates cement demand to grow by 7-8% in FY26. This growth will be driven by housing, infrastructure, and private investments. The company plans significant capacity expansion through both organic and inorganic routes.
Adani's cement business contributes 30 per cent of India's homes & infra: Ambuja CEO
Ambuja Cements, an Adani Group firm, aims to reach 140 MTPA capacity by FY28 through brownfield expansions, contributing significantly to India's infrastructure. The company achieved 100 MTPA in FY25 via acquisitions and targets further growth through strategic projects and cost optimization, including reduced logistics expenses and increased green energy usage.
NCLAT upholds insolvency proceedings against Jaypee Cement Corp
The insolvency appellate tribunal upheld insolvency proceedings against Jaypee Cement, affirming an earlier NCLT order. NCLAT dismissed Alok Gaur's appeal, stating the debt and default were proven. The tribunal rejected the argument that Jaiprakash Associates Ltd (JAL)'s restructuring agreement absolved Jaypee Cement's liabilities.
Shree Cement partners with RITES to boost rail infrastructure
Shree Cement and RITES Ltd have signed a five-year agreement. The collaboration focuses on improving Shree Cement's rail network. RITES will offer complete solutions for upgrading and establishing rail connectivity. This partnership aims for efficient and sustainable transport of materials. The goal is to support Shree Cement's expansion and reduce environmental impact.
Dalmia Bharat gets SC relief in ₹500 crore KKR investment tax dispute
The Supreme Court has put a hold on income tax reassessment proceedings against Dalmia Bharat and its subsidiaries. This involves a Rs 500 crore investment by KKR Mauritius Cement Investments in Dalmia Cement back in 2010-2011. The court is seeking a response from the income tax department regarding the reassessment.
Cement makers forecast a concrete comeback in FY26
India's cement industry anticipates a significant rebound in FY26, driven by increased government spending and rural housing demand, after facing tepid growth in FY25. Cement producers expect high single-digit consumption growth, with UltraTech Cement projecting sustainable volume growth of 7-8%. Consolidation is expected to continue, with top companies increasing capacity.
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Growing cement demand to fuel consolidation, top 10 firms add 140 MMTPA capacity in 5 years: Moody's
India's cement sector is set for consolidation. Rising demand will drive acquisitions of smaller players by larger companies like UltraTech and Ambuja. South India is particularly exposed to this trend. Capacity is expected to expand significantly to meet growing consumption. However, raw material price volatility poses a risk to profitability. Cement consumption is projected to increase substantially by 2030.
Shree Cement back in the market for strategic buys
Shree Cement, aiming for 80 million tonnes of production capacity by fiscal year 2028, is actively evaluating potential acquisition targets that align with its geographical strategy. While open to opportunities, the company prioritizes profitable growth and maintaining its position as the lowest-cost producer. They are wary of overpaying for acquisitions, preferring cost-effective brownfield or greenfield expansions.
Large cement makers report volume growth in Q4; expect to continue momentum in FY26
Cement companies experienced volume growth in Q4 FY25, anticipating improved performance in FY26 due to infrastructure spending and rural recovery. Despite lower sales realization, enhanced capacity utilization and cheaper input costs boosted volumes for major players like UltraTech and Ambuja Cements. While some firms reported profit declines, the industry remains optimistic about future demand, tempered by geopolitical and trade concerns.
Labour shortage due to heatwaves, price hikes impacting cement demand in India: Report
A recent report by Prabhudas Lilladher reveals that cement demand remained steady in most regions of India in April 2025. However, extreme heatwaves and labor shortages, coupled with cement price hikes, impacted demand in some markets. While Chennai and Hyderabad saw significant price increases leading to sales decline, the all-India average cement price rose to Rs 361 per bag.
Strategic buyers and investors scouting for insolvency-affected cement assets
Strategic buyers and investors are actively pursuing distressed cement companies undergoing insolvency, with Jaiprakash Associates Ltd's cement business being a prime target. Factors driving this interest include consolidation in the sector, government infrastructure initiatives, and the potential for cost optimization through acquisitions. Recent deals, like Nuvoco Vistas Corp's acquisition of Vadraj Cement, highlight this trend.
Ambuja Cements crosses 100 MTPA capacity
Ambuja Cements, part of the Adani Group, has achieved a production capacity of 100 MTPA. The company aims to expand to 118 MTPA by FY26 and 140 MTPA by FY28. Ambuja Cements is partnering with Coolbrook to reduce fossil fuel dependency. The company is also focusing on renewable energy, targeting 60% green power usage by FY28.
