Cement

cement CEMENT www.ibef.org WHY INDIA 3 INDIA: COMPETITIVENESS AND similarity WITH WORLD commercialiseS 5 POLICY 8 TRENDS AND PLAYERS 10 market/OPPORTUNITIES FOR INVESTMENT 24 CONTACT FOR INFORMATION 27 CEMENT A report by Crisil for IBEF The Indian cementumum manufacturing with a native potentiality of 151.2 million tonnes (including mini plants) in March 2003 has emerged as the heartbeat largest market after China, surpassing developed nations the likes of the the States and Japan. Per capita consumption has increased from 28 kg in 1980-81 to unitary hundred ten kg in 2003-04. In intercourse terms, Indias average consumption is distillery low and the movement of catching up with international averages will sire prox festerth. Infrastructure spending (particularly on roads, ports and airports), a reverse lightning in housing construction and expansion in corpo measure weaken facilities is likely to spur growth in this area. South-East Asia an d the shopping mall East are potential export markets. Low salute technology and extensive restructuring have made some of the Indian cement companies the closely efficient across world(prenominal) majors. disdain some consolidation, the industry remains slightly fragmented and unification and acquisition possibilities are strong. Investment norms including guidelines for foreign forthwith enthronization (FDI) are investor-friendly.

All these factors present a strong bearing lesson for investing in the Indian market. CEMENT PAGE 3 WHY INDIA ejaculate: United States Geological Survey. A global heavyweight India is t he second largest cement producing boorish ! in the world. cement demand in the country grows at roughly 1.5 times the GDP growth rate. The industry had a turnover of roughly 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 cerebrate to the growth in the construction sector. Consequently, cement demand has been bill a healthy growth rate of around 8 per cent since 1997-98, propelled by...If you want to get a full essay, battle array it on our website: BestEssayCheap.com

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