Indian cement manufacturers are in an upbeat mood as the Andhra Pradesh Government has sought more than one million tonnes of cement per month for its projects for the next fiscal, reports The Hindu.
Following the resignation of Bimlendra Jha, it has been announced that Neeraj Akhoury is to take over as Managing Director and Chief Executive Officer at Ambuja cement.
The government has committed to investing over Rs. 100 lakhs crore in infrastructure and has promised an increased allocation for the environment in the Union Budget.
The company is to equip a grinding plant of Chettinad Cement Corp. Pvt. Ltd. with an MVR 6000 C-6 roller mill.
Imran Akram, IA Cement, provides an overview of the expected demand prospects and economic trends of the global cement industry for 2020.
The country’s current installed capacity is 485 million tpy and is expected to rise to 508 million tpy this year.
GCCA India and Cement Manufacturers Association India consider the possibility of a sustainable and efficient future in India’s cement industry.