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Capacity addition in key markets to boost Ramco
The industry, the world’s secondbiggest after China, would add about 65MT of capacity in the next two years, underscoring the importance of cementing leadership credentials regionally. The additions would put a premium on operational excellence: Those with strict co ..
The global metric for cement replacement value is calculated in dollars for each tonne of capacity.
Of the 4.5MT incremental output, Ramco would add 2MT in the eastern region and the remaining 2.5MT in Andhra Pradesh. This expansion will be funded through internal accruals, indicating that the company is careful about adding debt to its books
This expansion, when judged in the context of demand in the southern and eastern regions, indicates that Ramco Cements is boosting capacity in pockets that remain largely insulated against oversupply concerns. There are two important revenue-enhancing factors at work at these sites.
The Pradhan Mantri Awas Yojana (PMAY) is the federal government’s flagship programme for low-cost housingNSE 1.18 %. Of the houses sanctioned under the PMAY scheme, only 14-18 per cent of the homes have been ..
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Ambuja Cement Foundation calls for sustainable water management
The corporate social responsibility (CSR) arm of Ambuja Cement, the Ambuja Cement Foundation (ACF), has called for a greater emphasis on cohesive and collaborative efforts to inspire sustainable water management and build water sufficient, progressive, and prosperous communities across India.
ACF hosted a participatory dialogue on ‘Investing in Water for Today and the Future’ in association with Samhita, a social enterprise that specialises in developing CSR initiatives. The dialogue aimed to address and mitigate growing issues of water scarcity. The activity has brought together different players working on or interested in the water sector, to communicate the extent of the crisis, provide pathways for investment, and facilitate collaborations across the country.
ACF and Samhita also unveiled the ‘making a case for corporate action in water’ report, showcasing existing interventions in water. These include drinking water, water for agriculture, water conservation and management, and water treatment, to name a few. The report identifies commonalities and key insights from various case studies. It also provides a broad landscape of the stakeholders and their interventions within the cause areas.
Through its Water Resource Management programme, ACF has worked on ensuring year round access to water in the core villages that it operates in. These endeavours have addressed drinking water needs and at the same time have increased water-use efficiency. Through partnering with the government and other developmental agencies, ACF has completed and implemented large scale projects, including 408 check dams, 6751 roof rainwater harvesting structures, and 72 km of canal linkage, thereby creating 55 million m3 of water storage capacity.
ACF’s ongoing water management model focuses on the areas of water harvesting (check dams, interlinking rivers, and watershed development), drinking water (roof rainwater harvesting structures, pond deepening, in-village distribution systems, and water quality surveillance), and water conservation (water user association, participatory irrigation management, and the promotion of micro irrigation).
“India is facing a serious water crisis and going by the NITI Aayog report, the situation is expected to get worse by 2030,” said Pearl Tiwari, Head of the ACF. “The already scarce water resource has been further compromised in quality and availability by inefficiency, mismanagement, and climate change. The goal of this programme is to bring together existing challenges and opportunities, and to take corrective steps towards ensuring water security for the future through partnerships.”
Ambuja Cement introduces accident insurance policy
Ambuja Cement has introduced a Group Personal Accident Insurance (GPA) policy for truck drivers. This move makes the company the first cement company in the industry to offer this, reinforcing its commitment to ensuring the safety and wellbeing of the stakeholders involved in its operations.
The GPA policy was designed with consideration for the job nature of truck drivers, who are exposed to high risk in countless hours of highway road journeys. Issued by a reputed leading insurance company, the policy has been effective for the past few months, covering nearly 12 000 drivers in case of accidental death or permanent total or partial disability. These drivers are third-party employees.
The policy also covers risk at every stage of operations, on a 24/7 basis. It considers the floating nature of men behind the wheels.
This insurance policy is part of the company’s holistic health and safety programme, which includes driver management centres at all units, defensive driver induction, refresher training, counselling, daily toolbox talk, random vehicle check and journey risk management, and the installation of an in-vehicle monitoring system in vehicles to monitor the activity of drivers. These are initiatives geared towards the continuous improvement in the skills and behaviours of drivers.
“Truck drivers play a key role in our logistical operations pan-India and ensuring their wellbeing is a paramount priority for us,” said Ajay Kapur, Managing Director and CEO of Ambuja Cement. “Road safety has been a big challenge as we have little control beyond our plants’ premises. Introduction of the GPA insurance policy for the truck drivers – who operate for around the clock dispatches – is another step to exhibit how much we value them and their work. This also marks an initiative in further improving health and safety measures in our operations.
“Guided by our ‘zero harm’ goal, we are making every possible effort to ensure the truck drivers’ safety. I urge the cement and transport industries to work collaboratively to address the complex issue of road safety.”
Ambuja Cement is part of the LafargeHolcim Group and is one of the leading cement companies in India.