Cementing the Industry
On January 17-18, the Indian cement industry´s only business exhibition, Cement Expo 2015, was held at Mumbai´s Nehru Centre, and inaugurated by Subhash Desai, Minister of Industries, Government of Maharashtra. After inauguration, the minister visited the exhibition and interacted with the exhibitors. Cement manufacturers, plant and machinery manufactures, materials manufacturers and consultants were part of the Cement Expo. Some of the major companies participated include: JK Cement, Walchandnagar Industries, AMCL Machinery, Orient Cement, Promac Engineering, Takraf India, BFW Tec, Sinoma Science & Technology, Meher Trailors, etc.
Visitors from across the cement and allied sector had a valuable occasion to interact with top personalities in the cement industry and also witness the products and solutions displayed by the exhibitors at their stands. The visitors were happy to see an exhibition on cement industry which brought together the entire cement industry and user fraternity.
Indian Cement Review Conference 2015
The conference explored futuristic trends in the Indian cement industry. Desai, also chief guest at the conference, assured the gathering that his government is intent on removing major hurdles for the industry in Maharashtra. ´We have decided to roll out the red carpet and remove the red tape,´ he stated. Meanwhile, addressing the conference, NA Vishwanathan, Secretary-General, Cement Manufacturers´ Association, said, ´The theme of today´s conference is relevant and timely going by the bold policy initiatives and raft of measures taken by the new Central Government to revive the flagging economy that has been growing at under 5 per cent.´ In his address, Roshan Wadhera, Founder Editor, Indian Cement Review, expressed his gratitude for holding the Cement Expo again after five years. And Pratap Padode, Editor-in-Chief and Managing Director, ASAPP Media Information Group, observed in his welcome address that the worst was over and heralded a new beginning for the cement industry.
The whole-day conference discussed on various topics on the futuristic trends in Indian cement industry, which saw wide participation from the cement fraternity. The inaugural session of the conference discussed on the Challenges and Opportunities in Indian Cement Industry. The other two sessions saw elaborate discussions on Cement Technology and Environmental Challenges in Cement Industry. There were also technical sessions on different products and solutions presented by professionals from the respective companies.
Indian Cement Review Awards 2015
The industry also witnessed its maiden awards, the 1st Indian Cement Review Awards 2015, held on January 18. Awards were given to the Fastest Growing Cement Companies in big and small categories along with the award for the Largest Cement Company. Manoj Misra, Chairman and Managing Director, Cement Corporation of India, was the Chief Guest, while Dr SV Pattiwar, Additional Commissioner, Navi Mumbai Municipal Corporation, also graced the occasion.
The selection process was based on an integrated model that considers a compounded five-year average growth, both in operational revenue and profit after tax. Data was sourced from published annual reports and results published by companies. The results of the extensive financial model was put before the jury; the data was comprehensively scrutinised, a decision made, and the winners announced. For his part, Naveen Sharma, Vice-President-Projects, JK Lakshmi Cement, appreciated the methodology adopted for the selection process. On receiving the award, he said, ´I am happy to know that the procedure you have adopted is based on the information from the market and the financial results of the company in the past five years. This is so transparent that even we were not aware that we have been selected for this award.´
UltraTech Cement: Largest Cement Company
Dalmia Cement (Bharat): Fastest Growing Cement Company (Large Category)
JK Lakshmi Cement: Second Fastest Growing Cement Company (Large Category)
UltraTech Cement: Third Fastest Growing Cement Company (Large Category)
OCL India: Fastest Growing Cement Company (Small Category)
KCP Cement: Second Fastest Growing Cement Company (Small Category)
Orient Cement: Third Fastest Growing Cement Company (Small Category)