COVER STORY Concrete Consolidation There has been a definite trend towards consolidation in the Indian cement industry. But often, these deals — both overseas and domestic — have actually resulted in value erosion. ICR takes a closer look at the dynamics behind the trend towards consolidation. FEATURE A Case for Energy-Efficient Machines In most continuously running plants, the installed base of motors is already over a decade old, say ANIL NAIK and AJAY BHALERAO.  Determining Coal’s Calorific Value  Kai-Oliver Linde from IKA-GmbH Germany explains the various methods for determining the gross and net calorific value of coal. Demand Drivers  The cement industry is expected to benefit from the country’s huge potential for development in the infrastructure and construction sectors, says NITIN MADKAIKAR. MARKET WATCH It’s time to revisit mid-cap stock valuations and there are potential target upgrades over the medium to long term, says VAIBHAV AGARWAL of PhilipCapital India. PRODUCT INFO Kirloskar Brothers felicitated by ISRO for contribution to Hypersonic Wind-Tunnel Project…