The cement industry consumed around 25.35 million tonnes of coal last year. Of the last year's offtake, 14.18 mt was through coal linkages from Coal India and Singareni Collieries, which in the past had been over 20 mt.
Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India's cement industry.
ACC, the country's largest cement maker, is setting up a wholly owned subsidiary to scale up its ready mix concrete business under a new chief executive officer.
Calvin Miller, senior officer, rural finance, Food and Agriculture Organisation (FAO), is happy with the country's rural finance when compared with the rest of the world.
Given that more than 85 percent of the industry consists of small units, the rising trend of textile units going in for IT-related infrastructure is a positive sign.
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