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

The cement industry in India is a major contributor to the country's economy. In 2022, the industry produced 356 million tons of cement, making India the second largest cement producer in the world. The demand for cement in India is expected to grow at a CAGR of 6.5% from 2023 to 2029, driven by factors such as urbanization, infrastructure development, and industrialization.

The cement industry is also a major emitter of CO2, accounting for about 6% of the country's total emissions. However, there are a number of initiatives underway to reduce the CO2 emissions from the cement industry, such as using alternative fuels and improving energy efficiency.

Here are some of the key trends that are expected to shape the cement industry in India in the coming years:

Increasing urbanization: The urbanization rate in India is expected to reach 50% by 2030. This will lead to increased demand for cement for infrastructure development, such as roads, bridges, and buildings.

Infrastructure development: The Indian government is investing heavily in infrastructure development, such as roads, railways, and airports. This will also lead to increased demand for cement.

Industrialization: The industrial sector is growing rapidly in India. This will also lead to increased demand for cement.

Government policies: The Indian government is implementing a number of policies to promote the use of sustainable materials in the construction industry. This is expected to lead to the development of new technologies and processes in the cement industry.

Overall, the cement industry in India is expected to grow in the coming years. The key drivers of this growth will be increasing urbanization, infrastructure development, and industrialization. The government's policies to promote the use of sustainable materials will also play a role in shaping the future of the cement industry in India.

TOP INDIAN CEMENT COMPANIES MTPA’s & GROWTH

  • In the realm of India's cement industry, a vibrant tapestry of growth and innovation unfolds.
  • At the forefront stands the indomitable UltraTech Cements, a true titan, soaring to an impressive 137.85 MTPA production capacity in 2022, an extraordinary feat that underlines their unwavering commitment to excellence.
  • ACC Cements and Ambuja Cements are no strangers to this ascent, with both scaling new summits - ACC Cements at 35.9 MTPA and Ambuja Cements at 32.05 MTPA in 2022. Their journeys reflect a resolute determination to fortify India's foundation.
  • Meanwhile, Shree Cements and Dalmia Cements elegantly unfurl their growth stories, painting the industry canvas with vibrant hues of expansion and ambition. Shree Cements surged to 43.7 MTPA in 2022, while Dalmia Cements reached a remarkable 43.75 MTPA, epitomizing progress.
  • Ramco Cements steadily etches its path, growing to 22 MTPA in 2022, symbolizing a future defined by steady advancement.
  • In the realm of steady consistency, Birla Corporation maintains its 6.87 MTPA capacity like a steadfast beacon. JK Cement forges ahead, marked by growth to 20 MTPA in 2022, while Orient Cements unfurls its wings with an impressive 8.5 MTPA. Last but not least, Binani Cements, the epitome of reliability, stays at a constant 6.25 MTPA.
  • This mesmerizing mosaic of numbers unveils the grandeur of India's cement industry, as it stands poised to construct a future of monumental achievements and architectural wonders.