CMA appoints new President and Vice President

The Cement Manufacturers' Association (CMA), the apex body of India's large cement manufacturers, unanimously elected Neeraj Akhoury, Managing Director of Shree Cement as the President of CMA and Parth Jindal, Managing Director of JSW Cement as the Vice President of CMA at its Extraordinary General Meeting (EGM) held on July 14, 2023. Akhoury takes over from K C Jhanwar, Managing Director of UltraTech Cement. Members unanimously endorsed the election of President and Vice President of CMA expressing full confidence in the newly elected leadership team.

Akhoury brings with him over 30 years of rich experience in the steel and cement industries. He has worked in various leadership roles in India and other emerging markets. Speaking on the occasion, he said, “I express my sincere thanks to all the CMA members for reposing their confidence in me. I assure my firm commitment towards continuing to build a substantive agenda of dialogue with the Government of India. As a future direction, the Indian cement industry would like to reiterate its commitment to being India's partner in nation building for creating business value chains, supporting infrastructure growth and a sustainability agenda, with an emphasis on decarbonisation, aligned to India's priorities and working in close collaboration with policy planners, ministries and stakeholders.”

Parth Jindal is the youngest elected Vice President in the association's almost 60-year history. Commenting on his appointment, Jindal said, “I thank the CMA members for electing me as the Vice President of CMA. India's cement sector plays a critical role in the growth and economic development of our nation. I reiterate CMA's commitment on working closely with the Indian Government in being a significant partner in pursuing the goal of an Atmanirbhar Bharat. This places a great responsibility on all of us to collectively follow various strategies to reduce carbon emissions across our business operations. I look forward to working with Neeraj in furthering CMA's decarbonisation agenda as we continue to build a pipeline of strategically relevant solutions in this direction. I have full confidence in the Indian cement industry's practices associated with circular economy, WHRS, alternative fuels etc. Moreover, as India takes a generational leap in becoming a digitally connected economy, it becomes important for us to adapt to the new digital way of doing business and connecting with all our stakeholders.”

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