Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy
Tag: Cement
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Core infrastructure posts strongest growth in April
Finally, bringing some relief to the Centre the core infrastructure industries have rebounded in the month of April. The surge in infrastructure output from 2.5 per cent in March to 4.2 per cent in April indicates an uptick in the economy.
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Demand and supply only control cement prices: Govt
The control over price and distribution of cement has been removed since 1989. The industry was de-licensed in 1991 under the policy of economic liberalisation. Cement has also been removed from the list of essential commodities. Thus, presently the prices of cement are governed by the market forces of demand and supply.
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J&K govt to set up new cement plant in Khrew
To capture local market share for cement, the Jammu and Kashmir government will set up a cement plant with 1000 tonne per day capacity. The Government on July 31 decided to set up one more 1000 tonne per day cement plant in public sector over 12 hectares at the existing J&K Cements plant at Khrew in Pulwama, an official concerned said.
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RBI steps may hit home sales, cement, steel volume growth
In a research note, rating agency CRISIL said new home sales may decline 400 basis points (bps) and volume growth for steel and cement may shrink about 100 bps owing to the liquidity tightening measures of the Reserve Bank of India (RBI). In order to stabilise rupee exchange rate against dollar, RBI raised short-term interest rates and restricted amount that bank
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Govt to reject bid of ABG Group
Media reports indicate that the Kerala government decided to reject the sole bid of ABG Group to develop a cement terminal at Azhikkal port in Kannur at a cost of Rs 120 crore. Reports indicate that the government decided to reject the bid on certain technical grounds including disagreement on the revenue share offered by the company
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Cement firms bet big on govt projects ahead of election
Some industry players and analysts feel that demand for cement may rise in the coming months as government expedite key construction projects ahead of Lok Sabha election. VP Sharma, Chief Operating Officer of Dalmia Cement said the oversupply situation still persists but since elections are next year, a slew of measures by the government may turn
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Credit Suisse expects better prospect for cement firms
In the next two years, prospect of cement companies may improve as supply pressure eases and demand rises, a research report by Credit Suisse shows. Cement firms have been battling supply glut because of excess capacity, which was built in anticipation of strong demand from the infrastructure projects
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Case Study: The North East challenge
Building roads in the North-East, as many infrastructure firms are discovering, is literally an uphill task. S S Raju shares experiences about local issues and the suggestions for resolving them.
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Poor infra growth pulls down steel demand
The tapering demand from sectors such as power, infrastructure and real estate affected the demand for steel.