Noida, India (PressExposure) July 12, 2011 -- According to our new report "Indian Cement Industry Forecast to 2012", Indian cement industry has outpaced the growth rates of other prominent industries in the country on the back of factors, such as rising demand from the housing sector, increased activity in infrastructure, and construction recovery. Recent industry developments and the government supportive policies are attracting global cement giants and sparking off a spate of mergers & acquisitions to spur growth.
Our report identifies that, despite robust growth, per capita cement consumption is still relatively low in India compared to per capita consumption of other nations and even less than the global average. This indicates a strong growth potential for the Indian cement industry. It is expected that, the rising demand from infrastructural developments will increase cement production in near future and will transform in increased per capita cement consumption. Moreover, it is anticipated that, the country's cement consumption will grow at a CAGR of around 11% during 2011-12 to 2013-14.
Moreover, it was observed that, the southern region is quite rich in terms of raw material. Of the seven major limestone clusters in India, four are in Southern region. With the growing demand for cement in the region, various cement producers are looking for establishing their production plants in this region, which will further increase the production capacity of the region in coming years.
Besides, the report analyzes factors critical to the success of the Indian cement industry. It has also identified key players in the market and included their detail business description. Additionally, the report sheds light on the emerging industry trends, which are expected to decide the future of the Indian cement sector.
"Indian Cement Industry Forecast to 2012", provides future forecast on the industry, based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian cement industry, which will prove decisive for clients. Detail data and analysis will help investors, financial service providers, and global real estate players to navigate through the latest trends in India's cement industry.
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