With the increased government expenditure on
infrastructure, the demand for cement in India has increased. The first
cement industry was set up in 1914 in Porbandar. The fact that India is
the India is the second largest producer of cement in the world speaks
volumes of the cement industry in India.
Current Status of Cement Industries in India
Cement industry is growing at a rapid rate of around 10% annually. The
Indian cement industry has 130 large cement plants and 365 mini cement
plants, whose total capacity is 165 MT per annum. Large cement plants
nearly contribute 94% of the total capacity. Though the cement industry
is developing at a fast rate, per capita consumption of cement in India
is only 150 kilograms per person, which is even less than one third of
China's per capita consumption.
Global Cement Companies in India
The financial performance of the cement industry has also recorded
impressive growth. The growth of the Indian Cement companies has also
attracted global companies to India. Top global companies such as
Lafarge of France, Holcim of Switzerland, Italcementi of Italy and
Heidelberg Cements of Germany have already entered in India. Their
investment in the Indian cement sector is also giving a boost to the
Indian economy. There are about 11 types of cement produced in India.
They are Clinker Cement, Ordinary Portland Cement, Portland Blast
Furnace Slag Cement, Portland Pozzolana Cement, Rapid Hardening Portland
Cement, Oil Well Cement, White Cement, Sulphate Resisting Portland
Cement etc.
Future of Cement Industry
It is expected that in the coming fiscal years the demand of cement is
going to be around 225 MT. The government is also going to spend more on
infrastructure and so it is beyond doubt that in the coming years the
future of the cement industry is very bright. Some of the leading cement
manufacturers of India are Binani Cement, Indian Cements Ltd, Madras
Cement, Ultra tech Cement, Ambuja Cements, Prism Cements etc.
