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Technological Advancements
Modernization and technology up-gradation is a continous
process for any growing industry and is equally true
for the cement industry. At present, the quality of
cement and building materials produced in India meets
international standards and benchmarks and can compete
in international markets. The productivity parameters
are now nearing the theoretical bests and alternate
means. Substantial technological improvements have been
brought about and today, the industry can legitimately
be proud of its state-of-the-art technology and processes
incorporated in most of its cement plants. This technology
up gradation is resulting in increased capacity, reduction
in cost of production of cement.
Major Players
- Ultratech Cement
- Century Cements
- Madras Cements
- ACC
- Gujarat Ambuja Cement Limited
- Grasim Industries
- India Cements Limited
- Jaiprakash Associates and
- JK Cements.
- Holcim
- Lafarge
- Heidelberg Cemex
- Italcementi
Foreign Direct Investment
The cement sector has been gradually
liberalized. 100 per cent FDI is permitted in the
cement industry.
Future Outlook
Growth in domestic cement demand is expected to remain strong, given the revival in the housing markets, continued Government spending on the rural sector, and the gradual increase in the number of infrastructure projects being executed by the private sector. Thus, the trend in demand growth seen during the last five years is expected to continue over the medium term. Also, with Government targeting an over 8% GDP growth rate, cement demand should grow at 8-10% over the next few years.
The industry may be expected to add another 130-135 million tonnes of cement capacity in phases during the period 2009-10 to 2012-13.
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