Epc World Magazine - January 2016Add to Favorites

Epc World Magazine - January 2016Add to Favorites

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In this issue

Cement Demand Growth To Outpace Supply

During the next four to five years, the Indian cement market is projected to witness a Compound Annual Growth Rate(CAGR) of around 8.96 percent. Approximately 67 percent of the cement consumption can be attributed to the housing sector in India, 13 percent to the infrastructure sector, 11 percent to the commercial construction and the rest to the industrial construction segment. The next two years might see the cement industry add on 5.6 crore tonnes to its capacity due to a steep rise in the demand. The overall cement capacity in India is expected to reach 39.5 crore tonnes by the next year and 42.1 crore tonnes by the end of 2017 from the present 36.6 crore tonnes.

A staggering 97 percent of the total cement production in India comes from the 188 large plants set up across the country, while 365 small cement plants are responsible for the remaining three percent. Just three states of Tamil Nadu, Andhra Pradesh and Rajasthan are home to 77 of the 188 large plants. Some of the world's top cement companies are in India. Seventy percent of all the cement produced in India belongs to the top 20 companies operating in the industry.

Epc World Magazine Description:

PublisherEPC WORLD MEDIA PVT LTD

CategoryNews

LanguageEnglish

FrequencyMonthly

Epc world magazine provides latest news on construction, infrastructure, aviation, ports, oil and gas, roads railways and bridges etc. EPC World interacts with top and middle management professionals associated with the industry in the form of interviews, debates, discussions from India and across the Asia Pacific region and thus acts as a medium in finding solutions to all your needs.

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