India Cement Market (Business Opportunities - Investment)

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Item ID 8673261 in Category: Business Opportunities - Investment

India Cement Market

India Cement Market to grow by 7% in 2018.

India Cement Market

India is the second-largest producer of cement in the world. Increased construction and infrastructural activities are the major drivers of cement market. Initiatives such as the development of 98 smart cities are expected to provide a major opportunity for the market. An increase in expenditure further impels growth to the India cement market. Cement demand to grow by 8 % owing to governments focus on infrastructure and housing.

Expecting such developments in the country and helped by suitable government foreign policies, several foreign players like Lafarge-Holcim, Heidelberg Cement, and Vicat have invested in the country in the recent past. A major factor that aids the growth of this sector is the ready availability of the raw materials for making cement, for instance, limestone and coal.

India's cement market is segmented by product and by an application. By product, grey cement is dominating product segment of India’s cement market. Grey cement is durable for bridges, buildings and other infrastructures. Grey cement costs about half as much to produce as white cement and is more

Target Nation: All Nations
Target City : All Cities
Last Update : 23 September 2020
Number of Views: 25
Item  Owner  : ashwini
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