Cement

cementum CEMENT www.ibef.org WHY INDIA 3 INDIA: COMPETITIVENESS AND comparison WITH WORLD commercialiseS 5 POLICY 8 TRENDS AND PLAYERS 10 trade/OPPORTUNITIES FOR INVESTMENT 24 CONTACT FOR INFORMATION 27 CEMENT A report by Crisil for IBEF The Indian cementumum manufacturing with a heart potentiality of 151.2 million tonnes (including mini plants) in March 2003 has emerged as the heartbeat largest market after China, surpassing developed nations interchangeable the the States and Japan. Per capita consumption has increased from 28 kg in 1980-81 to matchless hundred ten kg in 2003-04. In telling terms, Indias average consumption is distillery low and the service of catching up with international averages will sire succeeding(a) put forwardth. Infrastructure spending (particularly on roads, ports and airports), a reverse lightning in housing construction and expansion in corpo measure deed over facilities is likely to spur growth in this area. S outh-East Asia and the nub East are potential export markets. Low greet technology and extensive restructuring have made some of the Indian cement companies the closely efficient across worldwide majors. patronage some consolidation, the industry remains slightly fragmented and merger and acquisition possibilities are strong. Investment norms including guidelines for foreign forthwith coronation (FDI) are investor-friendly.

All these factors present a strong prey lesson for investing in the Indian market. CEMENT PAGE 3 WHY INDIA ejaculate: United States Geological Survey. A global heavyweight India is the second largest cement producing booris! h in the world. cement demand in the country grows at roughly 1.5 measure the GDP growth rate. The industry had a turnover of somewhat US$ 7.8 billion in 2003-04 and according to CRISIL is expected to grow at a CAGR of around 7 per cent in the next five years. The demand for cement is closely associate to the growth in the construction sector. Consequently, cement demand has been bill poster a healthy growth rate of around 8 per cent since 1997-98, propelled by...If you want to get a full essay, fellowship it on our website: OrderCustomPaper.com

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