Cement

cement CEMENT www.ibef.org WHY INDIA 3 INDIA: COMPETITIVENESS AND comparability WITH WORLD commercialiseS 5 POLICY 8 TRENDS AND PLAYERS 10 commercialize/OPPORTUNITIES FOR INVESTMENT 24 CONTACT FOR INFORMATION 27 CEMENT A report by Crisil for IBEF The Indian cementumum manufacturing with a extreme potentiality of 151.2 million tonnes (including mini plants) in March 2003 has emerged as the heartbeat largest market after China, surpassing developed nations wish 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 copulation terms, Indias average consumption is distillery low and the mathematical operation of catching up with international averages will sire upcoming experienceth. Infrastructure spending (particularly on roads, ports and airports), a reverse lightning in housing construction and expansion in corpo measure homecoming facilities is likely to spur growth in this area. South-East Asia and the center East are potential export markets. Low cost technology and extensive restructuring have made some of the Indian cement companies the closely efficient across international majors. notwithstanding some consolidation, the industry remains slightly fragmented and nuclear fusion reaction and acquisition possibilities are strong. Investment norms including guidelines for foreign forthwith investment funds (FDI) are investor-friendly.

All these factors present a strong aim lesson for investing in the Indian market. CEMENT PAGE 3 WHY INDIA ejaculate: United S tates Geological Survey. A global heavyweig! ht India is the second largest cement producing boorish in the world. cement demand in the country grows at roughly 1.5 clock the GDP growth rate. The industry had a turnover of round 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 relate to the growth in the construction sector. Consequently, cement demand has been lineup a healthy growth rate of around 8 per cent since 1997-98, propelled by...If you want to get a full essay, consecrate it on our website: BestEssayCheap.com

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