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India Stands as the Second Largest Cement Producing Country in the World

Sep 29, 2014

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The Indian cement industry has evolved significantly in the last two decades, going through all the phases of typical cyclical growth process. India is the second largest producer of cement, after China. Due to a slowing economy, the industry was witnessing serious downturn in cement prices since the mid of 2012-13. But recently the real estate sector has taken a positive pace due to several government interventions, which has caused for a sudden and sharp increase in the demand for cement in India, which has increased the production as well.
 
According to our report, India alone shares 6% of the overall global cement production. India has huge potential in infrastructure and construction which drives the demand for cement industry. Our report states that the cement production in India has been expanding on back of increasing infrastructure activities and demand from housing sector.
 
Moreover, the Indian government has announced to spend US$1 Trillion over the next 5 years on infrastructure, which will prove to be a good outcome for the cement industry. Our report states, in 2011-12, there were around 144 large cement plants which had a total installed capacity of 244.05 Million Metric Tons. Almost all players (whether small, medium, or large) have been increasing the capacity of their plants during the last few years, which is another main reason for the increase in cement production in India. The cement industry of our country has not only been able to meet domestic demands, but has also been serving the needs of several foreign countries. The superlative quality of the cement produced in India makes it widely popular in the international markets.
 
The report Indian Cement Industry Outlook 2016”, evaluates the Indian cement industry thoroughly and provides the in-depth analysis of the sector. It includes forecast of cement installed capacity, production, capacity utilization and consumption till 2015-16. Moreover, the study provides regional analysis for the same. For complete understanding of the market, we have studied government regulations, and export & import scenario. Our comprehensive study has also included types of cement production by region and state. With a view to helping our clients in understanding the market dynamics and recent activities of key players, we have covered the competitive landscape. This section covers the top four cement manufacturers’ business description, strategic analysis and recent developments.
 
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM624.htm
 
Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm


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