Skip to main content

North India’s cement market waits for recovery

Published by
World Cement,


According to a recently released report, North India's cement market is only predicted to make a full recovery by FY2017-18 due to a demand revival in the infrastructure sector.

According to the report North India consumed 79 million t or 31% of India's cement consumption in 2014/15.

The report details how the increasing importance of regional manufacturers in the market has resulted in price wars. Prices in north India stand at 35% lower than south India.

Regional market players accounted for a 51% capacity share in 2014-15 opposed to 45% in 2006-07.

Due to a number of reasons North India is facing growth challenges.

It has projected that North India will be a key beneficiary of the infrastructure ramp up in India, given a majority share in large infrastructure projects.


Edited from source by Joseph Green. Source: Economic Times

Read the article online at: https://www.worldcement.com/asia-pacific-rim/30062015/north-india-cement-market-waits-recovery-83/

You might also like

 WCT2020

Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 
 
 

Embed article link: (copy the HTML code below):