Displaying items by tag: Dalmia Cement Bharat

India: The Competition Commission of India (CCI) has approved the 100% acquisition of Jaiprakash Associates by Dalmia Cement (Bharat). The transaction is part of a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016.

Dalmia Cement (Bharat) is a wholly owned subsidiary of Dalmia Bharat, the ultimate parent of the Dalmia Bharat Group.

India: Management guidance for Indian cement demand growth in the 2026 financial year for ‘most companies’ in the sector was 6 – 7% year-on-year.

In the 2025 financial year, UltraTech Cement and JK Cement raised their cement sales volumes by 17% and 15% year-on-year respectively, due to to demand recovery and the effects of new acquisitions. Ambuja Cement’s volumes grew by 13%, while Dalmia Cement Bharat’s fell by 2% and Ramco Cements’ by 5%.

The Business Standard newspaper has reported that the all-India cement capacity ended the 2025 financial year at 655Mt/yr, up by 5% year-on-year. 60Mt/yr-worth of new cement production capacity is due to come online later in the 2026 financial year, which would increase that figure by a further 9%.