The Position Of Cetion In The Indian Cement Industry

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The Indian cement industry is the second largest producer of quality cement, which meets global standards. The cement industry comprises 130 large cement plant sand more than 300 mini cement plants. The industry's capacity at the end of the year reached million tons. Cement industry in India is currently going through a consolidation phase. Some examples of consolidation in the Indian cement industry are: Gujarat Ambujatakinga stake of 14 per cent in ACC, and taking over DLF Cements and Modi Cement; ACCtaking over IDCOL; India Cement taking over Raasi Cement and Sri Vishnu Cement; and Grasim's acquisition of the cement business of L&T, Indian Rayon's cementdivision, and Sri Digvijay Cements. Foreign cement companies are also picking upstakes in large Indian cement companies. Swiss cement major Holcim has picked up14.8 per cent of the promoters' stake in Gujarat Ambuja Cements. The cement industry is one of the main beneficiaries of the infrastructure boom. With robust demand and supply, the industry has bright future. The Indian Cement Industry with total capacity of 165 million tones is the second largest after China. Cement industry is dominated by 20 companies who account for over 70% of the market. Individually no company accounts for over 12% of the market. The major players like L&T and ACC have been quiet successful in narrowing the gap …show more content…

During the Paleolithic Age, men used to enjoy adequate shelter provided by nature. The Bronze Age witnessed the use of building materials from a clay based mixture and air hardening lime. The Egyptians advanced to the discovery of lime and gypsum mortar as a binding agent for building such structures as the Pyramids. The Greeks made further improvements and finally the Romans developed cement that produced structures of remarkable durability (Cement Association of Canada

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