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Cement: Jan 2012

January, 2012

India is the second-largest cement market in the world, accounting for 7–8 per cent of global cement production and the country also exports cement to more than 30 countries. The surplus North and South regions are the leading suppliers of cement. Major cement manufacturers in India are increasingly using alternate fuels, especially bioenergy, to fire their kilns

The Housing segment accounts for a major portion of the total domestic demand for cement in India. Between 2010 and 2014, demand for housing units is estimated to be 4.3 million, leading to a higher demand for cement for homebuilding.

The Government has approved a package of fiscal incentives and other concessions for the North East Region, namely the North East Industrial and Investment Policy, 2007, effective from April 1, 2007.

The major policy and fiscal initiatives are expected to catalyze infrastructure and industrial development in the region, spurring the demand for cement.

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