Indian Cement Industry Gearing Up For Rapid Growth
With strong demand from retail, housing, and infrastructure sectors, cement production in India is expected to grow at a CAGR of 10.5% by FY 2014, says RNCOS.
- (1888PressRelease) January 11, 2011 - According to our latest research report "Indian Cement Industry Forecast to 2012", cement production in India has grown at a brisk pace during the last few years. Despite recession, Indian cement industry enhanced its production to the record level in 2009-10 amid recent boom in the infrastructure and housing markets. In view of the upcoming massive infrastructure projects, manufacturers are aggressively increasing their production capacities and the study foresees a 10.5% CAGR growth in cement production during FY 2010-FY 2014.
The research identified that, almost all the cement industry majors have either announced their capacity expansion plans or are currently formulating strategies to ramp up production in coming years. Rapidly growing economy and regulatory support encourage the industry players to execute their expansion plans. In coming years, the expanded capacity will not only enable players to tap the domestic demand, but also increase their export considerations.
Further, Indian cement industry is slowly but constantly moving on the path of consolidation. Leading companies are aggressively looking for merger and acquisition (M&A) opportunities in the key cement markets of the country. These M&A's will not only provide access to the new prospect markets, but will also balance the rivalry level in the market. We anticipate this trend to benefit the consumer most during coming years as balancing competition will exert downward pressure on cement prices and will promote demand.
Our report "Indian Cement Industry Forecast to 2012", is an outcome of extensive research and conceptual analysis of the Indian cement industry's current status and future potentials. It provides information/statistics on all prominent segments like, production, installed capacity, export, import, plant size, and consumption to provide clients valuable information on different aspects of cement industry. It also throws light on the regional cement demand-supply outlook to help clients understand the market dynamics and get an insight into the industry at the micro level. The report also presents industry forecast based on correlation of past drivers, challenges, and opportunities for expansion.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM129.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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