The 9th Indian Cement Review Conference 2023 served as a hub of ideas and discussions on technological innovations essential for the industry’s sustainability journey, focusing on the theme ‘Driving Sustainability Through Technology.’ In his welcome address, Padode said, “All the big players of the Indian cement industry are focussing on increasing their capacity, with an estimated projection of 200 million tonne (MT) of fresh capacity to be added in the coming years. Emphasis is also laid on being the lowest-cost cement producer in India. In fiscal 2023, 30-32 MT (inclusive of grinding and integrated units) capacity addition is reportedly expected. Given that the higher input costs have moderated we could see capacity addition picking up pace in fiscal 2024 at over 30-32 MT leading up to the addition of 150 MT by fiscal 2027. Considering this speed of expansion, the tug of competition and a buoyant demand from infrastructure and housing segments, the Indian cement sector is poised to take a giant leap.” The Conference entailed panel discussions and presentations, followed by the 7th ICR Awards. The thought-provoking sessions were complemented by the 14th India Cement EXPO that brought latest innovations in cement manufacturing and technological advancements on the same platform. Over 80 exhibitors presented their cutting-edge technology and innovations at the EXPO that was visited by more than 2000 visitors.

To read the full story, CLICK HERE