Bulk Procurement of Cement Directly From Cement Manufacturers and Suppliersby Trado Logie Enabling Global Trade Through Technology
Whether we are building an office, home or any structure related to bricks or cement, both ingredients are useful in building a structure. But cement is a major ingredient. And without it no structure can be completed. India is the second largest producer of cement in the world. No wonder, India's cement industry is a vital part of its economy, providing employment to more than a million people, directly or indirectly. Ever since it was deregulated in 1982, the Indian cement industry has attracted huge investments, both from Indian as well as foreign investors.
Cement production capacity stood at 502 million tonnes per year (mtpy) in 2018. Cement consumption is expected to grow by 4.5 per cent in FY19 supported by pick-up in the housing segment and higher infrastructure spending. The industry is currently producing 280 MT for meetings its domestic demand and 5 MT for exports requirement.
The Indian cement industry is dominated by a few companies. The top 20 cement companies account for almost 70 per cent of the total cement production of the country. A total of 210 large cement plants account for a cumulative installed capacity of over 350 million tonnes, with 350 small plants accounting for the rest. Of these 210 large cement plants, 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Naidu.
The Top cement suppliers in India are UltraTech Cement. -UltraTech Cement is India’s largest and among st the World’s top cement.
1. Shree Cements. -Shree Cements is a trusted brand in India, mainly in the northern and eastern part
2. Ambuja Cements.- Ambuja Cements is one of the most popular brands in western India.
3. ACC. -ACC Limited is India’s one of the largest manufacturers of cement and ready-mixed concrete.
The cement price also varies from time to time. The cement price depends upon the demand of the cement. The statistics is very high in range of price related to cement.
After a long time, cement manufacturers have not only been able to increase prices, but also sustain it. This is a favorable sign as analysts believe the industry is entering a demand cycle wherein manufacturers would be able see improvement in price realizations at improved utilization levels. This should boost their operating profit (EBITDA) per tonne in the coming quarters.
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.
List of Bulk cement supplier in India are:-
1. Shree Cement
2. Ambuja cement
3. Ultratech Cement.
4. ACC Cement.
5. Prism Cement.
Created on Mar 7th 2019 01:13. Viewed 421 times.