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Research and Markets: India Cement Industry: Steady Increase in Cement Demand Suggests a Revival of Growth Momentum in Construction

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/vgw7ht/india_cement) has announced the addition of the "India Cement Industry 1H12" report to their offering.

India Cement covers the global and India cement industry overview, sector size, competitive landscape, cement prices, cement demand-supply scenario and regional capacity utilisation. It covers the market trends and outlook, policy and promotion, alternative fuel options and captive power generation, plus the profile, financial highlights and market multiples of the industry leading players:

- UltraTech Cement Limited (ULTRATECH)

- ACC Limited (ACC)

- Ambuja Cements Limited (ACL)

- Birla Corp Ltd (BIRLA)

- JK Cement Limited (JK CEMENT)

Executive Summary:

Over the past two years, the cement industry in India has experienced a subdued demand growth and declining operating rates, compare a 7% growth during FY12 against 5.7% in FY11.

Escalating industrial input costs and rampant inflation have caused severe strain on the economy. RBI squeeze on credit and tight monetary policies have neither controlled inflation nor helped growth. Lack of clear policy directions and minimal reform progress has changed the investment climate from optimistic to cautionary.

India still continues to be one of the fastest growing economies in the world; hopes that pro-active Government initiatives will soon restore the growth momentum to above 8% persist. In the second half of FY2011-12 steady increase in cement demand suggests a revival of growth momentum in construction. Many industry observers feel that cement demand could grow between 8% -10% in the coming years

Concurrently, weak investment sentiment, delays in the mining lease approval process, slow land acquisition and green field capacity additions are expected to improve capacity utilisation over time.

For more information visit http://www.researchandmarkets.com/research/vgw7ht/india_cement

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Process and Materials, Construction

Source: Research and Markets