Indian Cement Industry Maintains Growth Rate in Tough Economy

Reportlinker.com announces that a new market research report is available in its catalogue: Indian Cement Industry Forecast to 2012 http://www.reportlinker.com/p091965/Indian-Cement-Industry-Forecast-to-2012.html

India is the world's second largest producer of cement. The Indian cement industry has outpaced the growth rates of other prominent industries in the country on the back of growing demand from the housing sector, increased activity in infrastructure development and exports recovery. Recent industry developments and government supportive policies are attracting global cement giants and sparking off a spate of mergers and acquisitions to spur growth.

Our report has found that the Indian cement industry sustained its growth rate even in the tough condition of economic slowdown. Cement production increased 10.8% year-on-year in 2009-10. Almost all cement majors expanded their installed capacity in the backdrop of government backed construction projects since these projects have created strong demand for cement in the country. Moreover, it is anticipated that industry players will continue to increase their annual cement output in coming years and the country's total cement production will grow at a CAGR of around 10.5% during 2010-11-2013-14.

On the regional front, Northern Region (including Uttar Pradesh, Rajasthan, Madhya Pradesh and Haryana) is leading the country in terms of cement consumption. Sufficient raw material availability and various incentives provided by state governments make this region lucrative for investments. A number of domestic and international cement companies are striving hard to establish their production base in this region.

"Indian Cement Industry Forecast to 2012" provides an extensive research and objective analysis of the cement industry in India. It thoroughly examines all prominent emerging trends and drivers fueling growth in the industry. The report highlights major segments like production, installed capacity, export, import, plant size and consumption to give clients valuable information of different aspects of cement industry. It also throws light on the regional cement demand-supply outlook to help clients understand the market dynamics and get an insight into the industry at micro level.

Most importantly, the report has also given the industry forecast based on 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 and will prove decisive for clients.

For the purpose of report, only large plants have been considered in the total production and installed capacity of the cement industry. The report also gives forecast for various segments of the Indian cement industry based on feasible cement industry environment.

Source: http://www.reportlinker.com/

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