final report on cement industry

final report on cement industry - CEMENT INDUSTRY Sector...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
CEMENT INDUSTRY Sector structure/Market size India is the world's second largest producer of cement after China, with cement companies adding nearly eight million tons (MT) capacity in April 2009. A few of the leading manufacturers are the UltraTech/Grasim combine, Dalmia Cements, India Cements, and Holcim etc. The planning commission for the formulation of X five year plan constituted a “Working Group on Cement Industry” for the development of cement industry. The working group has identified following thrust areas for improving demand for cement: i. Further push to housing development programs. ii. Promotion of concrete highways and roads. iii. Use of ready-mix concrete in large infrastructure projects. According to Jyotiraditya Scindia, Minister of State, Ministry of Commerce and Industry, cement production could rise to 236.16 MT in FY11 and touch 262.61 MT in FY12. With almost total capacity utilization levels in the industry, cement dispatches have maintained a 10 per cent growth rate. Total dispatches grew to 170 MT during 2007–08 as against 155 MT in 2006–07. Moreover, cement dispatches were 15.95 MT in July 2009, showing a growth of 9.92 per cent as compared to 14.51 MT in July 2008. During July 2009, cement production was 16.23 MT, registering a growth of 10.63 per cent as compared to 14.67 MT in July 2008. Between Aprils to July 2009, cement production totaled 66.38 MT while cement
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/21/2010 for the course KNOWLEDGE 5654 taught by Professor Mr.david during the Spring '10 term at IESE Business School.

Page1 / 3

final report on cement industry - CEMENT INDUSTRY Sector...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online