CEMENT INDUSTRY PROFILE

Cement industry is the one of the largest industries of the world occupies predominant as one of
the basic industries for development and its employment generation capacity. Cement ranks
next to steel in construction material and so is the basis of all modern construction.

Cement industry of India is the second largest producer of cement in world in financial year
2016-17; the total cement production capacity is about 285 million metric tons. No wonder,
India's cement industry is a vital part of its economy, providing employment to more than a
million people, directly or indirectly ever since it was deregulated in 1982,the Indian cement
industry has attracted huge investments, both from Indian as well as foreign investors. Some of
the recent major initiatives such as development of 98 smart cities are expected to provide a
major boost to the sector.

The cement industry is one of the key industries in India. Cement industry is a rapidly growing
sector heavily taxed by the government. The Indian cement industry is one of the largest user of
power, is the third largest consumer of coal in the country. As Limestone is found in abundance
all over the country, the cement industry has a huge potential to grow. The Indian Cement
Industry comprises 148 large cement plants with around 46 member companies. The major
players are- Grasim Industries Ltd, ACC Ltd, Udaipur Cement Works Ltd, Ambuja Cements Ltd,
Century Textiles & Inds. Ltd, India Cements Ltd, Shree Cement Ltd, Madras Cements Ltd, Birla
Corporation Ltd, Dalmia Cement(Bharat) Ltd. The industry is growing manifold due to increased
industrial activity, real estate business, growing construction activity, and expansion in the
infrastructure sector. The production and consumption of cement to a large extent indicate a
country's progress. The global cement has always been a good indicator of economic activity,
as industry growth patterns consistently point to the direction in which the economy is likely to
move. India is the second largest cement producer in the world after China and has got a huge
cement industry. With the government of India giving boost to various infrastructure projects,
housing facilities and road networks, the cement industry in India is currently growing at an
enviable pace. Cement industry plays a vital role in the economic development of the country.
This overall growth in cement industry has a significant impact on the overall level of
anthropogenic greenhouse gas emissions. The production of each tone of cement leads to
emissions of roughly 1.25 tons of carbon dioxide.