With a manufacturing capacity of 471 MTPA, Indian cement industry is the second largest in the world, next only to China. However, the gap between the number one producer and the runner up is too huge – as against India’s 471 MTPA China has 3 billion tonnes per annum manufacturing capacity. Not just that. While Indian cement industry has a capacity utilisation has around 63%, Chinese manufacturers have a capacity utilisation of over 80%.
Since cement is a high volume, low value building material, installed capacity and capacity utilisation elsewhere in the world is of little consequence because of low or negligible international trade in the commodity. But the above statistics show where Indian cement industry stands today and where it can reach in the coming years. As India is projected to become third largest economy in the world next only to China and USA, cement is one commodity which needs to be closely watched. Since infrastructure and housing are the basic factors which need to be taken care of for reaching the third slot which in turn depends upon cement industry, significance of the industry will always
remain at the forefront.
Our cement special will bring out various factors affecting the cement industry and how the future holds out for the industry in the coming years. Also, we peek into the technology aspects and how the industry is dealing with the burning issues like global warming.
All-India average price currently is hovering around Rs 315-330/bag, which is broadly flat on MoM basis and 8% higher on YoY basis.
India is the second largest cement producer in the world, next only to China. India’s share in world cement output is around
Cement manufacturers have often been accused of forming cartels to rig the commodity’s price up. Consumers of cement, mainly consisting of builders,
According to International Energy Agency, the cement industry is the third largest consumer of energy and the second largest industrial emitter after
According to Index of Industrial Production (IIP) released by the government yesterday, cement production during February 2019 grew by 8% over February,
Limestone is the main raw material for cement manufacturing and it is available in plenty in the country but only in certain
A closer look at the cement capacity addition planned or under execution between FY 2018 and 2021 reveals that more than 40%
Much delayed Chandni Chowk redevelopment project is expected to be complete by January next year. The project covering the stretch of Chandni
The down cycle of cement industry started in 2011-12 and since then the industry has been passing through turbulent times. Multitude of
High cement prices in the South may not be sustained say the experts and the analysts. It may be recalled here that
Cement prices kept their uptrend even in March thanks to strong demand for the commodity. As the elections are just a month
Cement prices in general went up across all regions of the country in February. On an all India basis, cement price went
UltraTech Cement, the largest cement manufacturer in the country, has hiked or is in the process of increasing cement prices across the
Balkrishna Doshi’s own studio, Sangath, features a series of sunken vaults sheathed in china mosaic as well as a small grassy terraced
Do you know how much veteran architect B.V. Doshi was paid by Le Corbusier to work on Chandigarh city project?
Veteran architect Balkrishna Vithaldas Doshi, 1976 Padma Shri awardee, is known for his contribution to low cost housing, city planning and education.