Skip to main content

North India’s cement market waits for recovery

Published by , Editor
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

The World Cement Podcast - CleanTech & Venture Capital

Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.

Tune in to the World Cement Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

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