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Indian Cement Industry Forecast to 2012

Indian Cement Industry Forecast to 2012

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Publish Date : Apr, 2011| No. of Pages : 65

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India is the world’s second largest producer of cement. Indian cement industry has outpaced the growth rates of other prominent industries in the country on the back of factors, such as rising demand from the housing sector, increased activity in infrastructure, and construction recovery. Recent industry developments and the government supportive policies are attracting global cement giants and sparking off a spate of mergers & acquisitions to spur growth.

Our report has found that, the Indian cement industry sustained its growth rate even in the tough conditions of economic slowdown. Cement production is expected to increase above 9% year-on-year during 2010-11 against the previous fiscal year. Almost every cement major expanded their installed capacity in the backdrop of the government backed construction projects as these projects have created strong demand for cement in the country. Moreover, it is anticipated that the industry players will continue to increase their annual cement output in coming years and the country’s cement production will grow at a CAGR of around 12% during 2011-12 - 2013-14 to reach 303 Million Metric Tons.

At the regional front, Southern Region (including Andhra Pradesh, Tamil Nadu, and Karnataka) was leading the country in terms of cement production in 2009-10. Sufficient raw material availability and various incentives provided by the state governments make this region lucrative for investments. Numerous domestic and international cement companies are striving hard to establish their production base in this region.

Indian Cement Industry Forecast to 2012” provides an extensive research and objective analysis of the cement industry in India. It thoroughly examines all prominent emerging trends and drivers fueling growth in the industry. The report highlights major segments, such as production, installed capacity, export, import, plant size, and consumption to present clients valuable information of different aspects of the cement industry. It also throws light on the regional cement demand-supply outlook to help clients understand the market dynamics and get an insight of the industry at the micro level.

Most importantly, the report has also presented industry forecasts based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian cement industry, which will prove decisive for the clients.

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