Displaying items by tag: India

India: Market research company Exactitude Consultancy has forecast that the ready-mix concrete market in India will increase at a composite annual growth rate (CAGR) of 9% between 2024 and 2030. It noted that this will result in a total market value of US$1.54tn. This is more than double its size one decade previously in 2020, of US$725bn.

India: The Maharashtra Pollution Control Board (MPCB) has released new guidelines for ready-mix concrete plants situated in Mumbai Metropolitan Region (MMR). The Free Press Journal newspaper has reported that the new guidelines require new static plants within municipal limits to obtain special MPCB approval, while new and existing plants outside of municipal limits must establish a 500m buffer zone. New ready-mix concrete plants at building sites must have a minimum project area of 2000m² and existing ones must fully enclose their operations. Plants at building sites must dismantle their operations within a month after completing 70% of works at the site. Operators of ready-mix concrete plants in MMR must additionally provide new bank guarantees in favour of the MPCB.

The move purportedly aims to reduce air pollution in Mumbai. 11 of 26 monitoring stations in the city recorded poor air quality on 2 December 2024. Poor air quality indicates a high concentration of PM2.5 or PM10 inhalable particulate matter, which are present in smog.

India: Environmental organisation Earth NGO has filed a public interest litigation petition for the closure of ready-mix concrete plants operated by Dev Infra, JSW Green Cement and Shri Lalit Nagpal in Mumbai’s Chembur and Govandi suburbs. The Free Press Journal newspaper has reported that Earth NGO alleges that the plants are failing to comply with air pollution rules, including by being situated close to residential buildings and a hospital.

The Maharashtra Pollution Control Board previously closed down one of the plants temporarily following protests in 2023. This reportedly led to a decline in pollution levels.

India: Research institution Sasthra Vedhi has developed a method for the disposal of hazardous wastes like nickel-cadmium batteries and flourescent light bulbs in hollow concrete blocks called Blue Blocks. Blue Blocks can contain mercury leaks and other hazards while meeting strength standards by transferring the entire load into the solid concrete of the block.

India: The National Green Tribunal has asked the Delhi Pollution Control Board (DPCB) to inspect ready-mixed concrete plants near Delhi’s Sabhapur Extension neighbourhood, National Capital Territory. The Times of India newspaper has reported that the tribunal received a complaint of ‘severe’ air pollution and excessive noise. If substantiated, remedial and punitive actions will follow within three months.

India: The Haryana Forest Department has reclaimed 1.2 hectares of woodland in Basai, Haryana, from the Gurgaon Metropolitan Development Authority (GMDA). The Times of India newspaper has reported that the GDMA had allotted the land to a proposed ready-mix concrete plant project. The land was reportedly subject to no official agreement as to its use, raising fears of unlawful development.

The Haryana Forest Department said "The reclamation of this forest land is a significant conservation effort for Gurgaon. It sends a clear message that the protection of natural habitats is top priority for us and no kind of encroachment on protected land will be tolerated."

India: Infra.Market has sold its minority stake in RDC Concrete, according to local press. Investor Nikhil Kamath led a US$20m funding round in the producer, including contributions from Capri Global Family Office, Sumeet Kanwar and Wear Steels. RDC Concrete previously divested itself of 10% of shares in RDC Concrete. RDC Concrete operates 100 ready-mix concrete batching plants in India. Infra.Market retains control of 100 ready-mix concrete plants through its other concrete subsidiaries.

Nikhil Kamath said "RDC Concrete has made remarkable progress in transforming the construction landscape in India with its ready-mix concrete. It is less polluting, expedites construction timelines, and significantly reduces waste and expense. We are actively seeking companies that ensure that India's growth and environmental sustainability progress hand in hand.”

India: The Telangana State Pollution Control Board (TSPCB) has issued a closure order to Pasura Tellapur Builders for an unauthorised ready-mixed concrete batching plant at Kollur in Telangana’s Sangareddy District. The New Indian Express newspaper has reported that the order follows an inspection based on complaints by local people. The inspection showed that the Kollur plant had violated the Water (Prevention and Control of Pollution) Act and fell short of the mandatory distance of 200m from residential areas by 73%.

India: Goa Waste Management Corporation (GWMC) has obtained a 20-year patent for its Laterite-Based Concrete Block. The company produces the block using up to 100% construction and demolition materials. Norway-based research organisation SINTEF was technical partner for the development. GWMC plans to licence the technology to producers.

GWMC said "This invention will lead to a significantly cleaner local environment, as construction and demolition materials are a major waste stream in Goa. The groundwater resources in Goa will also have a higher protection against unwanted leaching."

India: Shree Cement has ventured into the ready-mix concrete (RMC) sector by acquiring five plants in Mumbai from StarCrete. The company disclosed the purchase on 12 March 2024, with the plants having a combined capacity of 422m³/hr. The deal, valued at US$4.04m, marks a strategic expansion for Shree Cement.

Neeraj Akhoury, Managing Director of Shree Cement, said “The strategic foray into the RMC segment is a step ahead in our vision to become a multi-product company centred around a core cement business. The RMC segment is expected to witness healthy growth, driven by government initiatives in large infrastructure projects and a booming housing construction sector.”