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Cement demand to surpass 340 million tonnes in FY22: ICRA - The Hindu BusinessLine


April 06, 2021
Demand rebound driven by rural housing, infrastructure
The domestic cement demand is expected to be highest in a decade and estimated to surpass 340 million tonnes in FY2022, driven by sustained rural housing demand and significant pick-up in the infrastructure activity.
On the supply side, the capacity additions are also expected to increase by 22-25 million tonnes per annum in FY2022.
As per an ICRA note, while the cement prices are expected to largely sustain at the recently increased levels supported by the improved demand, the higher input costs are likely to exert pressure on operating margins in FY2022. Though this is likely to result in some moderation in debt coverage metrics, they are likely to remain at healthy levels. ....

Anupama Reddy , Rajeshwar Burla , Group Head , Union Budget , Co Group Head , Assistant Vice President , Sector Head , அனுபமா சிவப்பு , ராஜேஸ்வர் பர்லா , குழு தலை , தொழிற்சங்கம் பட்ஜெட் , இணை குழு தலை , உதவியாளர் துணை ப்ரெஸிடெஂட் , துறை தலை ,

Cement demand FY22 could surpass 340 mn tonne; highest in a decade: Icra


Domestic cement demand is expected to be highest in the decade, estimated to surpass 340 million tonne in FY2022, driven by sustained rural housing demand and significant pick-up in infrastructure activity.
On the supply side, the capacity addition is also expected to increase by 22-25 million tonne in FY2022.
As per an Icra note, while the cement prices are expected to largely sustain at the recently increased levels supported by the improved demand, the higher input costs are likely to exert pressure on operating margins during the fiscal.
Though this is likely to result in some moderation in debt coverage metrics, they are likely to remain at healthy levels. ....

Anupama Reddy , Rajeshwar Burla , Union Budget , அனுபமா சிவப்பு , ராஜேஸ்வர் பர்லா , தொழிற்சங்கம் பட்ஜெட் ,

Highway Construction In March Continues In Top Gear, Expected To Reach Record High Of 37 KM Per Day


Highway Construction In March Continues In Top Gear, Expected To Reach Record High Of 37 KM Per Day
by Swarajya Staff - Mar 17, 2021 12:17 PM
Prime Minster Narendra Modi with Union Minister of Road Transport and Highways, Nitin Gadkari. (Gurpreet Singh/Hindustan Times via Getty Images)
From a mere 12 km per day in 2014-15, the pace of highway construction has touched nearly 34 km per day in the April to February period of the current fiscal year which is the sharpest rate seen in any year.
According to officials, if the highway construction in March continues at the same level as in February, this fiscal year would likely see new highway stretches of 13,400 km (37 km per day) built. ....

Nirmala Sitharaman , Virendra Mhaiskar , Nitin Gadkari , Rajeshwar Burla , Minister Nirmala Sitharaman , National Highway , Road Construction , Infra Development , நிடின் கட்காரி , ராஜேஸ்வர் பர்லா , தேசிய நெடுஞ்சாலை , சாலை கட்டுமானம் , அகச்சிவப்பு வளர்ச்சி ,

Highway Construction Reached Record Speed Of 30.5 Km Per Day In FY21 From 25.2 Km Per Day In FY20 Despite Pandemic


Highway Construction Reached Record Speed Of 30.5 Km Per Day In FY21 From 25.2 Km Per Day In FY20 Despite Pandemic
by Swarajya Staff - Mar 2, 2021 06:46 AM
Highway (representative image) (NHAI)
The pace of highway construction touched the record high of 30 km per day mark in the fiscal year 2020-21 as compared to 28 km per day in 2019-20 despite the COVID-19 pandemic.
Adjusting for the first 20 days of April 2020 wherein no construction activity was allowed, the execution per day saw a growth of 21 per cent to 30.5 km per day in the first nine months of the current fiscal from 25.2 km per day day in the same period last fiscal. ....

Nirmala Sitharaman , Nitin Gadkari , Rajeshwar Burla , Financial Expressquoted , Minister Nirmala Sitharaman , Road Construction , Union Minister For Road Transport And Highways Nitin Gadkari , நிடின் கட்காரி , ராஜேஸ்வர் பர்லா , சாலை கட்டுமானம் , தொழிற்சங்கம் அமைச்சர் க்கு சாலை போக்குவரத்து மற்றும் நெடுஞ்சாலைகள் நிடின் கட்காரி ,