Cement is a very convenient bonding material in construction. The applications of cement over numerous
fields of building construction have made it a very significant civil
engineering material.
It is used in the building of vital engineering edifices
such as bridges, culverts, dams, tunnels, lighthouses etc.
Cement is primarily utilized as a binder in concrete, which
is a simple material for all types of construction, including housing, roads,
schools, hospitals, dams, and ports, as well as for ornamental applications
(for patios, floors, staircases, driveways, pool decks) and items like tables,
sculptures or bookcases.
The manufacture of
cement in India
Started in
1889 by a company based in Kolkata.
In the early nineteenth century, the industry started taking an organized position
or stand and is currently, the second-largest producer of cement worldwide
after China. The manufacturing volume of cement across the South Asian country
was about 340 million metric tons in the financial year 2019. The sector comprises
a total of over 450 small and large cement plants.
Supply and demand
Within the country, the all-out demand was created by the housing sector, with
a share of over 60 percent during the fiscal year 2017. The augmented demand
was a result of the government setting up an Reasonably priced Housing Fund
under the National Housing Bank, which assisted the citizens get loans to buy
homes. Outside the nation, Sri Lanka was the leading destination for cement
clinker exports in 2016, with over one million metric tons of projected
exports.
Building together
To meet the swelling domestic and international demands, companies started to
sign joint ventures.
In 2017, the number of mergers and acquisitions in the
cement and building sector amounted to 14 deals. Due to its potentials in configuration
in addition to be a binder, cement is a very valuable product.
The top Ten cement
companies in India
India is
the second-largest producer of cement in the world. Ever since it was liberalized in 1982, the Indian cement
industry has appealed huge investments, both from Indian as well as foreign
investors.
The cement industry employs about 20,000 people across
downstream sectors for every million tons of cement produced.
According to data released by the (DIPP), cement and (FDI)
worth US$ 5.28 billion between April 2000 and March 2018.
As per IBEF, cement production capacity stood at 502 million
tons per year (MTPA). Capacity addition of 20 million tons per annum (MTPA) is
expected in FY2019 to FY2021. The cement industry is expected to reach 550-600
Million Tons Per Annum (MTPA) by the year 2025.
Revenue and Market
share
· Here we can see the list of top 10 Companies in the Cement industry in India by revenue and Market share.
The real estate, construction, and infrastructure sectors
are thriving in India. Furthermore, the government advantages on the
development of 98 smart cities are expected to provide a major boost to the
sector.
Basically, the housing sector is the biggest demand driver
of cement. The sector books for about 67% of the total consumption in India.
The other major customers of cement include infrastructure at 13%, commercial
construction at 11%, and industrial construction at 9%.
As far as the production is concerned, the industry is
growing at 5 to 6 %. However, the industry is highly controlled by a few enormous
companies. Interestingly, the top 10 cement companies account for more than 50%
of the total cement production in India.
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