The cement industry currently is doing very well in India due to the boom in the infrastructure sector.  The key ingredients for the infrastructure sector, cement & steel are directly affected by the demands due to the same.  Because of the Central government now concentrating quiet heavily on the development of the infrastructure in India, the cement sector is likely to sail smoothly over the next decade. 

According to the Cement Manufacturers Association (India), compared to last year’s statistics, the consumption of the cement has gone higher from 166.73 million tones to 188.97 million tones.  Cement production during April to March 2007-08 was 168.31 million tones as compared to 155.66 million tones during the same period for the year 2006-07.  Dispatches were 167.7 million tones during 2007-08 and 155.26 million tones during 2006-07.  Cement export was 3.65 million tones during the year 2007-08 and 5.89 million tones during the year 2006-07.  The major countries India exports to are Bangladesh, Nepal, Sri Lanka, UAE and Mauritius. 

India, the second largest producer of cement across the globe after China has not compromised with the quality which is one of the main reasons for such high demands of the Indian cement all over the world.  Indian cement matches with the world’s other leading cement companies.  As per the CMA (India), India’s installed capacity is nearly 6 per cent of the world’s production.  It is estimated that cement industry in India holds the value of Rs.18, 000 crore nearly equipped with 300 mini plants and 59 major companies.  The production cost of 50-60 per cent is government controlled.  But the price fluctuation will be more with the increase demands in the market.  The utilization of cement is more in the housing sector as compared to the government infrastructure plan. 

Moreover, as a future prospective, the industry is likely to grow more by 8-10 percent with the increasing demand in housing sector and government infrastructure projects.