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Andhra Pradesh IT Minister Nara Lokesh laid the foundation for Dalmia Bharat's new cement unit. This Rs 3,100-crore facility will be the company's largest in South India. The green cement unit is expected to be commissioned by the third quarter of 2027-28. It will operate on over eighty percent renewable power and recycle all its water. This significant project will also create one thousand new employment opportunities. View More
Kadapa: Andhra Pradesh IT Minister Nara Lokesh on Wednesday laid the foundation for Dalmia Bharat 's Rs 3,100-crore second cement manufacturing unit here. Designed to produce green cement, the new unit, expected to be commissioned by the third quarter in 2027-28, will become the company's largest integrated manufacturing facility in South India with a clinker capacity of 6.1 MTPA and cement manufacturing capacity of 9.6 MTPA. Also Read: Nuvoco Vistas starts Limla Cement Plant, strengthens footprint in Western India "We see in Dalmia Bharat a strong partner that wholeheartedly shares our vision of building a globally competitive, future-ready economy through sustainable industrialisation ," Lokesh said in a release. Welcoming the new unit, he said the southern state will be positioned as a global benchmark for green technology-led growth. Live Events Also Read: JSW Cement eyes 60 MTPA capacity as it targets top-five position in India The new cement unit will be run on over 80 per cent renewable power, recycle all its water and create 1,000 jobs, the release added. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
On the pricing front, gains remained modest despite rising energy and packaging costs, with cement prices increasing by up to 3 per cent q-o-q across regions View More
As India grows, its need for cement will grow with it. But this needn't be at odds with the country's climate goals. While the industry already has the technical know-how to produce cleaner cement, it still awaits a market that will reward decarbonization. View More
Nuvoco Vistas inaugurated a two million tonnes per annum cement grinding capacity. This new facility is located at their Limla cement plant in Surat, Gujarat. The company acquired this plant through Vadraj Cement Limited a year ago. This expansion will strengthen Nuvoco's presence in western Indian states. It also aims to support their overall capacity growth targets by FY 2028. View More
New Delhi, Nirma Group firm Nuvoco Vistas on Saturday announced the inauguration of a 2 million tonnes per annum (MMTPA) cement grinding capacity at its Limla cement plant in Surat, which will help it strengthen its footprint in Western states. The Nirma Group firm acquired the Limla plant through the acquisition of Vadraj Cement Limited (VCL) a year ago. "We hereby inform that today July 11, 2026, Vadraj Cement Ltd (VCL), a wholly owned subsidiary of the Company, has inaugurated 2 MMTPA of the Cement grinding capacity at its Limla Cement Plant, Surat, Gujarat," said Nuvoco Vistas in a statement. Nuvoco Vistas, which aims 35 MTPA capacity by FY 2028, had completed the acquisition of debt-ridden VCL through Corporate Insolvency Resolution Process (CIRP), for Rs 1,800 crore in June 2025. VCL's asset base includes a clinker unit and a grinding unit at Kutch and Limla, Surat, respectively. Live Events The Limla Cement Plant is expected to anchor a phased volume ramp-up in Gujarat. The plant will also enable Nuvoco to serve adjoining markets in Western Maharashtra while releasing much-needed cement capacities previously supplied from the Company's Northern plants exclusively for North India markets, it added. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Singhania said JK Cement would remain focused on balancing growth with operational discipline and financial prudence as it advances towards its long-term goal of achieving 50 MnTPA cement capacity by 2030 View More
Seasonal slowdown, labour shortages and rising fuel costs weigh on demand, pricing and near-term profitability of cement companies View More
The board of directors has finalized July 10, 2026, as the record date to determine shareholder eligibility for the dividend pay-out, which will be distributed within 30 days of the conclusion of the AGM if approved View More