cement

By: Bharat Ratna

Cement industry is one of the main beneficiaries of the infrastructure boom. While on the one hand several big and small cement companies are actively considering expansion plans in anticipation of further growth in demand for cement, on the other, a phase of acquisitions and mergers among the existing players is also not being ruled out in the immediate future

The Government has eased the ban on cement exports from the ports in Gujarat. Gujarat accounts for almost 90 per cent of the country’s cement exports.

The Director-General of Foreign Trade has also issued a notification to give effect to the Government decision.

“The existing ban on export of cement and cement clinkers shall not be applicable to export

By Vipin Agnihotri

The India Street has confirmation that 48-year-old CMD of Reliance ADAG, Mr. Anil Ambani has decided to enter into the cement sector. Initial signs are that Anil Ambani will set up four plants of five million tonne capacity each near his 4,000 MW coal-fired power project at Sasan in Madhya Pradesh.