New

Builders associations take action against cement price hike in Telangana



A Joint Action Committee (JAC) comprising of Confederation of Real Estate Developers’ Associations of India (CREDAI), Telangana Real Estate Developers’ Association (TREDA), Builders Association of India (BAI), Telangana Builders Federation (TBF), Telangana Developers Association (TDA) and other small and big member groups has reacted angrily against a 60% increase in the price of cement in Telangana. The group has described the rise as ‘unjustified’ and has asked cement producers to rescind the increase, according to the Hindu newspaper.

S Ram Reddy, president of CREDAI and chairman of the JAC said that fuel and power costs had not increased for cement producers. He added that the JAC had failed to obtain a response from the Cement Manufacturers Association on the issue. The developers are considering options including importing cement into the state from the international market. They are also planning to meet Prime Minister Modi with a request to constitute a body to regulate the cement industry.






"I would like to appreciate you for your kind support and excellent arrangement during our stay in Moscow. We enjoyed the conference very much as well as the exhibition and other activit...
"I think I have a quite interesting presentation that is dealing with development ultra-high performance concrete. This material was developing approximately 20 years in Europe and USA. ...

Media partners