• yasmin.h@asappinfoglobal.com
  • top-m-icon.png
    Call Now ! +91 842 287 4010

ABOUT CEMENT EXPO

India’s cement industry, the secod largest in the world, will add 80-100 million tonnes (mt) of capacity by 2024-25 (FY25), driven by increased spending on housing and infrastructure. Input costs which have hurt the bottomlines are beginning to cool down. Consolidation continues as strategic moves are made by corporates. And yet the biggest innovation efforts are directed towards decarbonisation and logistics. Procurement therefore will undergo some shift and so will logistics.

India’s largest and only cement magazine, the 37-year-old Indian Cement Review magazine is scheduled to host the 13 th Cement EXPO on 24 th February at Hotel Sheraton, Hyderabad. The co-located 8 th Indian Cement Review Conference will address the cement industry’s ambitions to deliver sustainable, low-carbon cement, in line with the 2030 carbon reduction targets, while navigating the major economic forces impacting businesses at present. The event will also see the staging of the 6 th Indian Cement Review Awards where fastest growing cement companies and industry stalwarts will be awarded.

With the theme C.A.S.E for Sustainability and Decarbonisation, the 8th edition of Indian Cement Review conference will include detailed presentations, panel discussions, and technology showcase for cement industry stakeholders, specifically traders, suppliers, suppliers of logistics equipment, chartering, shipping managers, dry bulk vessel owners, operators, purchasing teams, decision makers who want to learn the real market trends before making important decisions for their firms.

CEMENT INDUSTRY IN INDIA

Cement production in India increased by 19.4% in June 2022 compared to June 2021.

India's cement production is expected increased at a CAGR of 5.65% between FY16-22. At present, the Installed capacity of cement in India is 500 MTPA with production of 298 MTPA. In June 2022, UltraTech Cement approved Rs. 12,886 crore (US$ 1.65 billion) capital expenditure to increase capacity by 22.6 million tonnes per annum (MTPA) through brownfield and greenfield projects.

In the next 10 years, India could become the main exporter of clinker and gray cement to the Middle East, Africa, and other developing nations of the world. Cement plants near the ports, for instance the plants in Gujarat and Visakhapatnam, will have an added advantage for export and will logistically be well armed to face stiff competition from cement plants in the interior of the country. India’s cement production capacity is expected to reach 550 MT by 2025. The cement demand in India is estimated to touch 419.92 MT by FY 2027 driven by the expanding demand of different sectors, i.e., housing, commercial construction, and industrial construction.

CURRENT OPPORTUNITIES FOR CEMENT IN INDIA

  • As per the Union Budget 2022-23, there was a higher allocation for infrastructure to the tune of US$ 26.74 billion in roads and US$ 18.84 billion in railways is likely to boost demand for cement.
  • Under the housing for all segment, 8 million households will be identified according Rs. 48,000 crore (US$ 6.44 billion) set aside for PM Awas Yojana.
  • The government approved an outlay of Rs. 199,107 crore (US$ 26.74 billion) for the Ministry of Road Transport and Highways, and this step is likely to boost the demand for cement.
  • Several government schemes such as MGNREGA, PM Garib Kalyan Rozgar Abhiyan and state-level schemes such as Matir Srisht (West Bengal) and public work schemes (Jharkhand) have aided demand.
  • In October 2021, Prime Minister, Mr. Narendra Modi, launched the ‘PM Gati Shakti - National Master Plan (NMP)’ for multimodal connectivity. Gati Shakti will bring synergy to create a world-class, seamless multimodal transport network in India. This will boost the demand for cement in the future.
  • Growth in Infrastructure and real estate sector, post-COVID-19 pandemic, is likely to augment the demand for cement in 2022. The industry is likely to add an ~80 MTPA capacity in cement production.