The future of cement in India

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.

Cement price went up by 8% in FY19

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.

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Cement – A branded commodity

India is the second largest cement producer in the world, next only to China. India’s share in world cement output is around

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Cartelisation and the cement industry

Cement manufacturers have often been accused of forming cartels to rig the commodity’s price up. Consumers of cement, mainly consisting of builders,

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Miles to go before we decarbonise the industry

According to International Energy Agency, the cement industry is the third largest consumer of energy and the second largest industrial emitter after

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Latest IIP numbers reveal healthy cement production

According to Index of Industrial Production (IIP) released by the government yesterday, cement production during February 2019 grew by 8% over February,

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Changing trend in cement plants location

Limestone is the main raw material for cement manufacturing and it is available in plenty in the country but only in certain

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Why there is rush to set up cement plants in East?

A closer look at the cement capacity addition planned or under execution between FY 2018 and 2021 reveals that more than 40%

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Chandni Chowk redevelopment to be complete by 2020 January

Much delayed Chandni Chowk redevelopment project is expected to be complete by January next year. The project covering the stretch of Chandni

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Expect high single digit growth in demand

The down cycle of cement industry started in 2011-12 and since then the industry has been passing through turbulent times. Multitude of

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High cement prices in South may not be sustained

High cement prices in the South may not be sustained say the experts and the analysts. It may be recalled here that

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Cement manufacturers hike price in March

Cement prices kept their uptrend even in March thanks to strong demand for the commodity. As the elections are just a month

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Cement prices moved northwards in February

Cement prices in general went up across all regions of the country in February. On an all India basis, cement price went

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UltraTech hikes cement prices

UltraTech Cement, the largest cement manufacturer in the country, has hiked or is in the process of increasing cement prices across the

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Sangath, Ahmedabad; Balkrishna Doshi

Balkrishna Doshi’s own studio, Sangath, features a series of sunken vaults sheathed in china mosaic as well as a small grassy terraced

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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.

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