п»їCement Sector Analysis Record
The Indian bare cement industry is a 2nd major market after China accounting for about 8% of the total global creation. It had an overall total capacity of around 347 m tonnes (MT) as of economical year concluded 2012-13. Cement is a cyclical commodity having a high relationship with GROSS DOMESTIC PRODUCT. The enclosure sector is definitely the biggest require driver of cement, accounting for about 67% of the total consumption. The other major consumers of cement include infrastructure (13%), commercial construction (11%) and industrial structure (9%). В п‚·
The Of india cement sector grew by a good rate within the last decade, joining a exponentially boosted growth of about 8%. Yet , the growth features slowed down in recent years owing to the sluggishness in the economy. Moreover, the per capita consumption of cement in India nonetheless remains greatly poor in comparison with the world average. This underlines the great scope pertaining to growth inside the Indian bare cement industry in the long term. В п‚·
Cement, being a large commodity, can be described as freight rigorous industry and transporting it out long distances can prove to be uneconomical. This has triggered cement getting largely a regional get the sector divided into five main regions viz. north, south, western world, east and the central place. The The southern part of region of India has got the highest installed capacity, accounting for about a third of the country's total mounted cement capacity. В п‚·
Offered the large potential for development, quite a few international transnational businesses have embarked into the Of india markets. Previously, while companies like Lafarge, Heidelberg and Italicementi have made a couple of purchases, Holcim has grown its share in domestic companiesВ Ambuja CementsВ andВ ACCВ to over 50 percent to gain managing interest. Debt consolidation has taken place together with the top two cement teams controlling almost one-third of the total domestic capacity....
Recommendations: Media Reviews, India in Business, Cement Company of India, Department of Industrial Policy and Promotion (DIPP), Cement Companies Association (CMA)