Indian Cement Industry Updates

Ramco Cements Posts Good Results

Ramco’s Q2 results were better than estimates, with EBITDA coming in at Rs.2.47 bn vs. market estimates of Rs.2.06 bn and OPM at 20.9% vs. market estimates of 18.2% on higher-than-estimated realization.
Volume grew 14.7 % YoY to 2.47 MT. Realization was down 3.5 % YoY. Lower realization and higher operating expenses led to a 667 bps YoY contraction in OPM to 20.9%.
Ramco Cements' is planning to increase grinding capacity by 3.1 MT and clinker capacity by 1.5 MT in the coming year. These capacities should help target sales volume growth in Andhra Pradesh (coastal districts), Odisha, Jharkhand, and West Bengal.

 

 

JSPL To Set Up Cement Plant

Jindal Steel and Power plans to set up a 2 MPTA cement plant close to its steel plant at Angul in Odisha.
The project is estimated to cost about Rs. 5 bn and will come up within an industrial park being promoted by the Navin Jindal-owned company in the area.
The company plans to use granulated slag, a by-product of the steel unit, as feed stock for the cement plant.

Atibal Gold Cement

Aditi Industries

Atibal Gold Portland Pozzolana Cement

Atibal Gold Cement is produced by Aditi Industries and their offices are located in the capital of Assam, Guwahati. Their cement plant is located in the Nagaon District of Assam.

Aditi Industries produces just one grade of cement - Atibal Gold Portland Pozzolana Cement. This is Portland Cement blended with Pozzolanic materials (Fly Ash obtained from power or thermal stations, burnt clays, ash from burnt plant material or silicious earths), either together or separately. Portland clinker is ground with Gypsum and Pozzolanic materials which, though devoid of cementing properties themselves, combine chemically with Portland Cement in the presence of water to form extra strong cementing material which resists wet cracking, thermal cracking and has a high degree of cohesion and work-ability in concrete and mortar.

Clinker, the raw material for the plant is sourced from the cement plants of Meghalaya located at a distance of about 340 Kilometers. Clinker is delivered at the plant in Hatigaon by trucks from Lumshnong, Meghalaya and unloaded at the covered Clinker Stockpile Yard. Clinker is received via rake loads and unloaded in the railway siding at Amoni, Assam. 

Fly ash is received in bags via rake loads on rail from the nearest Thermal Power plants. This will be stored in the covered fly ash storage bins. Similarly, Gypsum which will be moved by road from Bhutan and will also be stored in a covered Gypsum storage yard. 

Clinker, fly ash and gypsum from their respective storage will be transported by a network of belt conveyors and will be fed to their respective Cement Mill Hoppers located in the Hopper building. Cement manufactured will be stored in the silo will be extracted by the air slides and into the packing plant hopper. Cement thus transferred to the Packing Plant Hopper will be packed in 50 Kilogram bags by spout packers and will be transported by a network of belt conveyors to the trucks placed in the dock for loading and dispatched to the markets. 

Website:
http://www.atibalcement.com/

Head Office:

Aditi Industries,

4010, 3rd Floor,

Ram Kumar Arcade,

Chatribari, Guwahati 781001,

Assam.

Phone – 0361-2731343

Email: info(at)atibalcement.com, sales.atibalcement(at)gmail.com

Works Office:

Aditi Industries,

Village Hatigaon,

Mauza Borbhogia,

Gaon Panchayat Kuwaritol,

Dist. Nagaon, Assam

 

Installed Capacities of Top 10 Cement Companies

Current Cement Capacities of Top 10 Cement Companies

Senior Manager Cement

For a Building Materials Major
Senior Manager - Internal Audits - Cement Division
8 - 10 yrs
Satna,  Varanasi
Salary: Rs.20,00,000 - 30,00,000 P.A.
Openings: 2

Job Description:
This role has been created to supervise and guide the internal and external audit teams, with the purpose to provide them continuous inputs to ensure that the audits are complete, both from assurance and efficiency improvement perspective. The primary focus would be sales, supply chain, manufacturing, financial and commercial functions / processes of Cement Division.

Team : 3-5

Key Result Areas:
Timely conduct of audits as per the annual audit plan.
Adherence to audit coverage versus scope.
Adherence to Internal Audit Manual
Efficiency improvements recommended to the management.
Timely preparation of Audit Reports, executive summaries, audit committee presentations etc.,
Adherence to Performance Management system timelines and guidelines.
Employee training and development
Full utilization of SAP for internal audits to ensure maximum coverage.

Key Responsibilities/ Activities:
The resource will be part of Corporate Management Assurance team and would be responsible in supervising the audit team in Cement Division and carrying out audits in the domain of sales, manufacturing, supply chain, inventory management, finance and commercial etc.
To participate in the annual internal audit planning process, so as to ensure that audits are planned based on rolling plan, results of previous years audits, risks etc.
To supervise, support and work with external audit teams.
To schedule audits/ prepare quarterly audit and resource plan in consultation with Head Management Assurance.
Conduct complex and/or special audits
Make presentations to senior management on audit findings.
Build relationship with stakeholders across organization.
Work with the internal / external audit team in preparing/ finalizing high quality audit reports, in which each audit observation is supported with facts/ data, root cause and recommendations.
Prepare quarterly executive summaries for senior management and presentation for the Audit Committee.
Participation in selection/ evaluation of external auditors, together with Head Management Assurance.
Participate in interview/ selection process on new hire for the department.
Monitor the performance of the team on a continuous basis to identify key performers.
Mentor and coach subordinates to develop the teams capabilities and build a robust succession pipeline.

Desired Candidate Profile:
A B.Com & CA (First Attempt), with experience of 8-10 years of post-CA qualification experience in internal auditing in large manufacturing company or with a good audit firm, with exposure to Cement, Building Material industries.
Must be a Certified Internal Auditor.
Must be a Certified Information System Auditor.
Must have been auditing in SAP environment.
Must have excellent Communication, inter-personal and presentation skills.


Click here for full details.

Ambuja Cements

Ambuja Cements Posts Poor Results

Ambuja Cements posted Q3 results that were below market estimates with EBITDA at Rs.3.6 bn vs. estimates of Rs.4.4 bn and OPM at 13.7 % vs. industry expectations of 17.5 %.

Operating expense per tonne increased 9.9 % QoQ and EBITDA/Tonne was Rs.656 vs. again below market and industry expectations.

Sales volumes were 5.46 Million Tonnes, up 8.5% YoY.

Cement capacity utilization was at 74 % as against 68 % in Q3CY17.

Realization was up 2.1 % YoY.

EBITDA/Tonne was Rs.656 as against Rs.691/ Rs977 in Q3CY17/ Q2CY18.

Operating expense per tonne was up 3.4 % YoY, mainly because of higher energy (higher coal prices) costs, freight costs (increase in diesel prices) and other expenses (higher packaging costs and maintenance expenses).
Most of these factors were on account of the falling Rupee, higher international crude oil prices and higher domestic diesel prices.
Overall ACC seems to have performed better than Ambuja Cements. Both companies are part of the global building materials giant, LafargeHolcim.

Cement Industry And Cement Prices

Cement Industry In India And Cement Prices

India is the world’s 2nd largest cement market, both in terms of production and consumption. The Indian cement industry has a total of 575 operational cement plants in the country. As of January 2018 the cement industry had a total installed capacity was 460 MTPA (Million Tonnes Per Annum). The Indian cement industry is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by the year 2025.

The Indian cement industry is unique in that it is dominated by a few companies.
The top 20 cement companies account for almost 70 % of the total cement production of the country. A total of 210 large cement plants account for a cumulative installed capacity of over 350 million tonnes, with 365 smaller cement plants accounting for the balance capacity. Of these 210 large cement plants, the lion's share 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu.

Approximately 67 % of the cement consumption can be attributed to the housing sector in India, 13 % to the infrastructure sector, 11 % to the commercial construction sector and the rest to the industrial construction sector.

Currently the Indian cement industry has surplus capacity and this situation is only going to become worse given the expansion plans of cement majors. Currently supply far outstrips demand and this can only put pressure on cement prices.

 Only <70% of the total installed capacity is being currently utilized. The balance 30% installed capacity is lying idle.

In the year 2018 alone rising value of the dollar has put cost pressure on cement companies as a major raw material pet coke is being currently imported. The rising price of crude has also put cost pressure on cement companies because of its impact on fuel and logistics costs, for both raw material movement and finished product movement. According to Indian cement industry insiders, at the end of 2018-beginning of 2019, we can expect an impact of Rs.25-30 per bag of cement.  This is to cover the enhanced cost of pet coke, fuel costs and logistics costs.

Another noteworthy point is that current cement prices are at the 2011-2012 levels.

Green Cement - Green Building

Green Cement - Greener Buildings

Wikipedia defines Green cement as a cementitious material that meets or exceeds the functional performance capabilities of ordinary Portland cement ( OPC ) by incorporating and optimizing recycled materials, thereby reducing consumption of natural raw materials, water, and energy, resulting in a more sustainable construction material.

Growing environmental concerns and the increasing cost of fuels of fossil origin have resulted in many countries in a sharp reduction of the resources needed to produce cement.
Rising awareness among consumers about the need for environmental preservation today, have made them conscious of the products they use.

Socially conscious industries, on their part, are working towards making manufacturing processes more sustainable and earth-friendly. Today's real estate developers and engineers are focusing on building green spaces through the use of smart concepts and green raw materials in the construction process. As a consequence, there has been a substantial growth in consumption of green cement.

Nearly 900 kg of CO2 are emitted for every 1000 kg of Portland cement produced.
New manufacturing processes for producing green cement are being researched with the goal to reduce, or even eliminate, the production and release of damaging pollutants and greenhouse gasses, particularly CO2.

The majority of carbon dioxide emissions in the manufacture of Portland cement (approximately 60%) are produced from the chemical decomposition of limestone to lime, an ingredient in Portland cement clinker. These emissions may be reduced by lowering the clinker content of cement. 

PPC Cement or Portland Pozzolana Cement or Blended Cement has in usual ratio anything from 65%-90% of raw cement, the rest being cementitious material. Thus it can be classified as a Green Cement.

PSC Cement or Portland Slag Cement by virtue of its low cement content combined with a high steel slag content is a prime candidate to be classified a Green Cement. PSC has a doube whammy in that it usually has a higher content of Slag than raw cement and plays a two-fold role in environment protection. Firstly, slag is a non-degradeable waste product of steel plants which left unutilized leads to severe environment damage. Secondly, PSC cement contains the least ratio of raw cement among cements, thereby cutting CO2 emmisions per tonne of cement produced.

UltraTech Posts 3rd Quarter Results

UltraTech Prices

Aditya Birla Group Company UltraTech Cement has reported for Q3 0f 2018 a 11 % drop in net profit at Rs.376 crore against Rs.424 crore reported in the same period last year, against a sharp increase in operational cost.
Net sales were up 20 % at Rs.8,111 crore (Rs.6,752 crore) over the previous year. Domestic sales volume jumped 21 %.
Rising energy and logistics cost coupled with rupee depreciation pushed up operational expenses by 14 %, pulling down profits despite higher sales volume.

With no letup on from high energy prices and rupee depreciation in sight, the cement major may continue to face price pressure and will not be able to pass on the cost increase to customers. Supply is expected to continue to outstrip demand some time, according to cement industry insiders which was earlier highlighted by the Indian Cement Industry body the CMA.

Other Highlights:
Capacity utilization fell to 65 percent from 73 percent in the June quarter.
Sales volume stood at 15.7 million tonnes compared to an estimated 16 million tonnes.
The company’s acquisition of Century Cement is subject to shareholders and regulatory approvals.
Realization per tonne rose 1.1 percent to Rs 5,004.
Ebitda per tonne was down 20 percent to Rs 824.

The share markets reacted to the results and UltraTech share prices fell after release of these results.

Duraton Cement

Duraton Cement Price

Duraton Cement Share Price

Duraton Cement is manufactured by Asian Fine Cements Ltd, a technologically advanced cement manufacturing company that aspires to be a pioneer in that category. Duraton Cement, rolls out of their cement plant located in Rajpura, Punjab.It has an installed capacity of 1.50 million tons per annum (MPTA).

Click Here To Register For Fresher Cement Industry Jobs


 

Google+
GooglePlus
Stewart D'Rozario

ACC Post Results

LafargeHolcim Unit ACC Cements' Results

Cement major ACC Cement, which is a unit of the world's largest cement maker, LafargeHolcim, reported 15.20 % increase in consolidated net profit at Rs. 209.14 crore for the third quarter ended September 30, led by volume growth spurred by higher demand. The cement company, which follows January-December financial year, had posted a net profit of Rs 181.53 crore last year.

Major highlights are:
1. Total income from operations was up 10.35 % to Rs. 3,465.92 crore as against Rs. 3,140.76 crore in the September quarter of 2017.
2. Total expenses were at Rs 3,160.38 crore current as against Rs 2,877.00 crore previous.
3. Cement sales were up 9.89 % to 6.55 million tonne (MT) current as against 5.96 MT previous.
4. Cement sales volume grew by 10 per cent during the quarter spurred by higher demand.
5. Revenue from Ready Mix Concrete was Rs.303.33 crore.
6. Ready Mix concrete sales volumes grew 12 % driven by an increase in the sale of value added products and the addition of 8 new plants across India.

Outlook:
ACC said it will continue to maintain its focus on operating efficiencies to improve performance. Demand drivers including growth in affordable and rural housing segments as well as infrastructure projects is expected to remain healthy. ACC were optimistic that cement demand growth would strengthen in the coming year.

Cement Price Rise

Cement Prices To Rise

According to senior officials of the Indian Cement Industry body the CMA, cement prices are expected to rise by up to 10 percent in the next six months to compensate for the increased fuel and transportation costs. In the last one year there has been a 60-70 % rise in cost of fuel.

According to the same sources, the Indian cement industry has witnessed a 14 % growth in the first half of the year ended March 2019, the first double digit growth since nearly nine fiscals ago, thereby providing an opportunity for the correction of prices which have remained stagnant in the last 6-7 years.

Cement industry insiders gave a point by point argument for the likely rise in cement prices:

1. In the last one year we have seen 60-70 percent rise in cost of fuel.
2. Cement cost and normal inflation are much more than the pricing that what the cement companies have been able to raise.
3. There is a very dire need to correct the pricing to at least recover some portion of this cement cost and inflation increase.
4. There is surplus capacity in the cement industry but no pricing power.
5. Cement companies are selling a cement bag practically at the same price that was prevailing in 2011-12.
6. Just for recovering the fuel and transportation charges, that will call for a minimum of Rs 25-30 per bag, which is about 8-10 percent increase in prices, which will bring the cement industry at the level where they were last year in terms of operating margins.

On a related note, of the 500 million tonne capacity available in the industry, only 300 MT is utilized at the moment. The health of the cement industry isn't as good as expected and a lot of units have been put on the block. It indicates the margins are not very healthy.
This is expected to  continue for a while till such time the prices are corrected. More cement companies can be expected to go for insolvency proceedings if cement prices are not corrected and unhealthy margins remain.

Click Here To Register For Fresher Cement Industry Jobs

 

Emami Cements Files For 1000 Crore IPO

Emami Double Bull Cement

Emami Ltd. is the flagship company of the Kolkata-based Emami Group. Emami Ltd., founded in 1974 by Mr R S Agarwal and Mr R S Goenka, is one of India's leading FMCG companies engaged in manufacturing & marketing of personal care & healthcare products. With around 300 diverse products, Emami's portfolio includes India's most trusted power brands. 

The Group is setting up a 4 MTPA Cement Plant in Chhattisgarh with two split grinding units in West Bengal and Odisha at a total investment of around Rs. 3000 crore. The Group also plans to set up cement plants in Rajasthan and Andhra Pradesh.

The company plans to issue fresh equity shares worth Rs 5 billion through the IPO. Another Rs 5 billion worth of shares belonging to the promoter group will be sold in the IPO. The issue proceeds will be used for repayment of debt and for general corporate purposes. IIFL Holdings, Axis Capital, CLSA India, Edelweiss and Nomura (India) are handling the IPO.

Emami Cement has an installed manufacturing capacity of 5.6 million metric tonne per annum (MMTPA). At present, the company operates three manufacturing plants and is in the process of setting up another plant. The new plant will increase the company's installed capacity to 9.3 MMTPA of cement and 3.2 MMTPA of clinker by April 2019, it said in a release.

Emami Cements markets its cement ubder the brand name Double Bull.

Emami Double Bull PPC

Emami Double Bull PPC PROCEM

Emami Double Bull PSC

Emami Double Bull OPC-53 

Emami Double Bull OPC-43

Emami Master Premium Cement

are the individual brand manes and types of cement Emami markets.

For the three months ended June 30, 2018, ECL had a market share of five per cent in terms of cement sales volume, while its installed cement manufacturing capacity represented six per cent of the total installed capacity in eastern India. 

Arasu Cements' New Unit

Tamil Nadu Cements

TanCem

State Government owned Tamil Nadu Cement Corporation Limited TanCem has set up a new plant with a daily production capacity of 3,000 MT. The Rs 750-crore plant has a installed capacity of 1 MTPA.

The new plant is on 52 acres of land and will have a lime stone crusher and raw mill. 90% of the cement plant installation is over and it is expected to go on-stream by January of 2019. With this, the annual production capacity of Arasu cement factory in Ariyalur would go up to 1.5 MPTA. TanCem markets their popular Arasu Brand of cement all over Tamil Nadu, Kerala and other areas of South India.

Nagarjuna Cements

NCL Industries Posts Good Results

Hyderabad based NCL Industries reported strong sales and dispatch data for the quarter ended September 2018. For the quarter and half year ended September 2018, the company's cement production has increased by 32 percent to 4.88 lakh MT from 3.69 lakh MT. Cement dispatches also increased by 31 percent to 4.88 lakh MT from 3.72 lakh MT. Its cement boards production and dispatches rose 19 percent and 7 percent at 16,458 MT and 16,728 MT respectively.

The company markets OPC as well as PPC cement under the brand name Nagarjuna Cement and a special cement (IRS Grade 53 S) is manufactured for supply to Indian Railways for concrete sleepers. Nagarjuna is the only private company in the state of Andhra Pradesh that manufactures special 53-S grade cement. The total installed capacity is 2 MTPA from 2 cement units.

NCL Industries is an India-based Hyderabad headquartered company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.

Nagarjuna Cement

Nagarjuna Cement

Nagarjuna Cement Price

NCL Industries

Global Cement

2nd Future Cement Conference and Exhibition,
22 - 23 May 2019
Pullman Brussels Centre Midi Hotel,
Place Victor Horta 1,
1060 Brussels,
Belgium

The 2nd Future Cement Conference and Exhibition will examine the next steps forward for the cement industry in a low- or zero-carbon world. Cement producers - who already produce, package, distribute and sell cementitious materials - are ideally placed to become the leaders in the new ‘no-carbon’ cements. Covering all the alternatives to OPC, as well as low-CO2 options for concrete, this conference will examine the way forward - to future cements.

Main Themes:

    Alternatives to OPC/CEM 1
    Low-carbon low energy cements
    EU ETS developments
    Global carbon trading schemes
    'Eco' cements
    Non-calcined cementitious binders
    Geopolymers
    Bio-analogues
    CCS/CCU
    Alternative raw materials
    Mineralisers and fluxes
    Non-calcareous mineral systems
    Alternative cements
    Fly-ash and slag-based cements
    Fuel options
    Carbon offests
    Low CO2 options for concrete

Benefits of participation:

    Technical and market trend papers
    Keep up-to-date with the state-of-the-art in alternative cement developments
    Fantastic networking opportunities
    Add value to your existing product mix
    Meet new customers

Who should attend?

    Cement and concrete producers
    Technologists and researchers
    Financiers and entrepreneurs
    Equipment producers and service providers
    Consultants and academics
    Traders and brokers
    ... all others with an interest in helping to reduce the environmental impact of cement and concrete production.


For further details

Sagar Cement Posts Results

Sagar Cements Price Rises

Sagar Cements has reported the cement production and sales figures for September 2018. The company’s consolidated cement production/purchase for September 2018 stood at 256,507 MT, up by 27.18% compared to 201,690 MT produced in September 2017. Further, the consolidated cement sales for September 2018 stood at 249,882 MT, up by 21.84% compared to 205,097 MT sold in September 2017.

Sagar Cements Prices Rise

Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over 3 decades adopting progressive manufacturing practices. Sagar Cements product line consists 33G OPC, 43G OPC, 53G OPC, PPC, and SRC cements. The Company which started its operation with a Cement capacity of 66000 TPA, has gradually increased it to the level of 2.35 MTPA, while its Clinker capacity has also witnessed a significant increase from 66000 TPA in 1982 to present level of 2.0 MTPA.

Cement Packing Costs To Rise

Cement Price Rise Expected

Cement companies are fighting rising input cost increases on multiple fronts. Prices of petroleum coke, a key raw material, remains very high. Since most of its requirement is met through imports, a weakening rupee is adding to the cost burden.

Global oil prices are inching up, translating into increased diesel prices and elevated transportation costs for the cement industry. A spike in crude oil prices has also a bearing on the sector’s packaging cost as most cement companies pack their cement in HDPE bags. Cement is packed in bags which are either made of high-density polyethylene or laminated woven paper. As per some analysts, many cement companies opt for the latter and although these bags are sourced locally, crude oil price movements do impact prices of HDPE bags.

So far this year, crude oil prices have jumped about 24% and are currently at about $82 per barrel. Historically, it has been observed that packing material cost per tonne has a fairly high correlation with crude oil prices given the link between crude oil and HDPE.

The packing costs of almost all major cement companies in India have shown increases according to public reports. Considering the surge in crude oil prices this year, the packing component of cement companies overall operating cost is set to rise. Cement insider reports expect packing costs to increase by about ₹30 per tonne.

Great Indian Festival

Cement Prices
Cement Price Rise
Current Cement Prices
Today's Cement Prices

Cement Production To Grow @ 7%

Cement Prices Key To Profits

Great Indian Festival Mr.Sabyasachi Majumdar, Senior Vice-President, of the rating agency ICRA in their report stated that cement production is expected to grow at 6%-7% in the current fiscal year, driven by pick-up in affordable housing and rural housing segments and infrastructure spending primarily roads and irrigation.

According to the rating agency, Indian cement production remained healthy in the first four months of FY19, reporting a 14.7% year-on-year (YoY) growth. Production remained in the range of 27.5 MMT-28.6 MMT during the April-June period, clocking the highest at 28.6 MMT in June. It declined in July by 9.3% on a month-on-month (MoM) basis owing to the monsoons, when cement consumption is usually on the lower side. However, it did remain high by 10.8% on a YoY basis, at close to 26 MMT.

However, rising costs are likely to put pressure on the operating profitability of Indian cement companies in the coming quarters. Cement manufacturers' ability to secure price increases remains the key to profits.

The trend was supported by demand, driven primarily by low-cost housing (in South India - AP and Telangana; and in Eastern India - except Bihar) and a pick-up in the execution of infrastructure projects (in South - AP and Telangana and in the East and West India).

On the capacity side, estimates are that around 17-19 MTPA will get added in FY19-20, primarily in the East and Central regions. However, the actual production from new capacities could be lower, given that a disproportionate part of the capacity addition is largely grinding as opposed to clinker capacities.

While the additions have moderated, expectations are that the capacity overhang is likely to continue to keep the industry's capacity utilisation level below 70%, over the next two years. Lumpy capacity additions in the recent past have led to an increase in debt levels and some deterioration in credit metrics, although they still remain at comfortable levels for most of the larger cement players.
Great Indian Festival

Cement Prices Stable

While in the North and South, the prices are on the lower side by Rs 25-30 per bag, the prices in the east are largely similar in the first five months of FY19 (YoY).
The pressure on prices will continue in the second quarter of FY19, owing to the monsoons, which usually have an adverse impact on cement demand.

Hence, the higher power, fuel cost due to increase in coal and pet coke prices and freight costs owing to increase in diesel prices in the first half of FY19 and in the coming quarters are likely to continue to pressure profitability margins and debt metrics of cement companies in the near term, according to the report.

Great Indian Festival
Cement Prices
Cement Price Rise
Current Cement Prices
Today's Cement Prices
Today's Cement Price
Cement Prices Today
Cement Price Today
Cement Prices Now
Cement Price Now

JSW Cement

JSW Cements' Green Initiative


India's Green Building market is second in the world, just behind the USA. It is expected to double in value to the tune of USD 35-50 Billion by the year 2022. As of September 2017, over 4300 projects have registered themselves for the Green Technology with an area of 4.7 Billion Sq.Ft. As green buildings are expected to grow to 10 Billion Sq.Ft., the markets for green building materials and sustainable products are also expected to grow rapidly to meet the demands for green raw material inputs.


Read more on how JSW Cements plans to tap this growing market for green building building materials by adopting eco-friendly methods and using industrial by-products here Great Indian Festival