India cement news

The company has recently released the new CIC 2025 Market Report with the title ‘COVID-19 impact analysis on the global cement production.’

The company has shared its financial results for the quarter ended 31st March 2020, recording EBITDA growth of 30%, and cement volumes growth until February 2020.

The companies have contributed Rs.3.30 crore to three NGOs to support daily-wagers, migrant labour, slum-dwellers and the homeless stranded on account of the lockdown.

Global construction output is expected to contract as a result of the economic shock caused by the lockdown measures, which were enforced due to the coronavirus.

The company has contributed Rs. 2 crore to the Odisha Chief Minister's Relief Fund to strengthen the state's fight against the COVID-19 pandemic.

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 company has revealed its unaudited financial results for the quarter ended 31 December 2019.

The company forecasts what the new year will hold for the global construction industry.

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.