India: Pilani Investment and Industries Corporation sold a 0.85% stake in UltraTech Cement for US$304m on 13 August 2026. The company had held a 1.5% stake in the producer as of June 2026. The Business Standard newspaper has reported that domestic institutional investors bought the shares, led by HDFC Mutual Fund, which bought US$157m-worth (0.4%), and ICICI Prudential Mutual Fund, which bought US$41.9m-worth (0.1%).

Nigeria: Market research firm Global Cement Group has forecast that the Nigerian cement market will grow by 13% year-on-year to US$2.86bn in 2026, then at a compound annual growth rate (CAGR) of 10%, to US$4.26bn, up to 2030. The Nigerian Tribune newspaper has reported infrastructure and urban housing construction as anticipated demand drivers during the period.

BUA Cement, Dangote Cement and HMB Nigeria reported combined sales of US$2.35bn in the first half of 2026, amidst currency pressures, increased energy prices and logistical disruptions.

India: Indigenous rights group Jaintia National Council has given the Meghalaya government 10 days to ‘protect landowners' and farmers' rights’ against violation by Shree Cement's planned US$187m East Jaintia Hills cement plant and quarry at Lum Syrman. The requested protection is to consist of an intervention and ‘transparent verification’ of land records. Authorities have allegedly called off public hearings on the plans since May 2026 due to the volume of popular opposition.

India: AVG Logistics has won a five-year contract worth US$1.89m/yr, extendable by three years, to deploy 30 electric heavy-goods vehicles for a cement producer's inbound and outbound transport of raw materials and cement. Capital Market News has reported that the vehicles will operate along ‘industrial corridors’ in North East India, carrying loads of 38 – 41t of materials. Additionally, AVG Logistics will build and operate electric vehicle charging stations to support the fleet.