Last Updated: May 21, 2018
Last Updated: May, 2018
With nearly 455 million tonnes (MT) of cement production capacity, India is the second largest cement producer in the world and accounts for 6.9 per cent of world’s cement output. The cement production capacity is estimated to touch 550 MT by FY 20. Of the total capacity, 98 per cent lies with the private sector and the rest with the public sector. The top 20 companies account for around 70 per cent of the total production.
A total of 210 large cement plants together account for 410 million tonnes of installed capacity in the country, while 350 mini cement plants make up the rest. Of the total 210 large cement plants in India, 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu. Cement production in India increased from 230.49 million tonnes in 2011-12 to 297.56 million tonnes in 2017-18. India’s exports of cement, clinker and asbestos cement increased at CAGR of 10.37 per cent between FY12-FY18 to reach US$ 433.87 million. During the same period imports of cement, clinker and asbestos cement increased at a CAGR of 11.14 per cent to US$ 174.36 million in FY18.
Dalmia Cement Ltd has become the first cement company in India to commit itself to 100 per cent renewable power. The company plans to increase its capacity from existing 2.4 MT to 15-20 MT by 2021 by investing US$ 1.27 billion.
The Government of India is strongly focused on infrastructure development to boost economic growth and is aiming for 100 smart cities. The government also intends to expand the capacity of the railways and the facilities for handling and storage to ease the transportation of cement and reduce transportation costs. These measures would lead to increased construction activity thereby boosting cement demand.
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Last Updated: May 21, 2018
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