Delhi, India (PressExposure) June 08, 2009 -- According to a new research report âIndian Cement Industry Forecast to 2012â by RNCOS, spending on infrastructure and housing projects together with industrial expansion by the players will fuel the growth into the Indian cement industry. The total cement production is forecasted to reach around 240 Million Metric Tons by the end of 2011-12.
The report identifies that spending on infrastructure is the most important growth driver for the cement industry. According to the Finance Ministry of India, infrastructure spending of worth US$ 500 Billion has been considered in the 11th Five Year Plan to upgrade the infrastructure and to maintain the growth rate of the infrastructure developments in the country. This, in turn, is likely to boost the cement demand beyond the increase in supply.
Further as per the report, industrial expansion by the cement companies is also pushing the cement industry towards growth. In 2007-08, for the first time in India, the industry recorded a capacity addition of about 22 Million Metric Tons in large plants in a single year. This additional capacity is supported by the growing domestic demand of cement. As of March 2008, there were 165 projects outstanding worth Rs 73,438 Crore, out of which projects worth Rs 25,070 Crore were under implementation. These projects are expected to fuel the future growth of the industry.
The report âIndian Cement Industry Forecast to 2012â supplements the past and current information on the Indian cement industry. It provides an exhaustive research and rational analysis on the cement industry of India. This extensive research will help the clients to identify the opportunities existing in the cement industry. This study also gives an overview on the various factors driving the cement industry, together with the forces that are blocking the growth of the industry.
The report provides forecast on various segments of the Indian cement industry like Cement Production, Cement Production Capacity, Region Wise Share of Capacity Addition, Company Wise Share of Capacity Addition, Cement Consumption, Cement Demand by Sector, and Coal Demand by Cement Industry.
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