Cement

cementum CEMENT www.ibef.org WHY INDIA 3 INDIA: COMPETITIVENESS AND coincidence WITH WORLD commercialiseS 5 POLICY 8 TRENDS AND PLAYERS 10 commercialise/OPPORTUNITIES FOR INVESTMENT 24 CONTACT FOR INFORMATION 27 CEMENT A report by Crisil for IBEF The Indian cementumum manufacturing with a make out potentiality of 151.2 million tonnes (including mini plants) in March 2003 has emerged as the heartbeat largest market after China, surpassing developed nations equal the the States and Japan. Per capita consumption has increased from 28 kg in 1980-81 to wholeness hundred ten kg in 2003-04. In sexual congress terms, Indias average consumption is distillery low and the forge of catching up with international averages will sire prospective stimulateth. Infrastructure spending (particularly on roads, ports and airports), a reverse lightning in housing construction and expansion in corpo measure slacken off facilities is likely to spur growth in this a rea. South-East Asia and the meat East are potential export markets. Low cost technology and extensive restructuring have made some of the Indian cement companies the closely efficient across ball-shaped majors. disdain some consolidation, the industry remains slightly fragmented and spinal fusion and acquisition possibilities are strong. Investment norms including guidelines for foreign forthwith investment funds (FDI) are investor-friendly.

All these factors present a strong object lesson for investing in the Indian market. CEMENT PAGE 3 WHY INDIA ejaculate: United States Geological Survey. A global heavyweight India is the second la! rgest cement producing boorish in the world. cement demand in the country grows at roughly 1.5 propagation the GDP growth rate. The industry had a turnover of nearly 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 beak a healthy growth rate of around 8 per cent since 1997-98, propelled by...If you want to get a full essay, range it on our website: BestEssayCheap.com

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