The document provides an overview of the cement industry in India. Some key points:
- India is the second largest cement producer globally with installed capacity reaching 502 MTPA in 2018. Capacity is expected to reach 550 MTPA by 2025.
- The industry is dominated by large private players who account for around 70% of total production. The top 20 companies control a majority share.
- Key growth drivers for the industry are large infrastructure projects, the government's housing initiatives, and increasing urbanization. Cement demand is projected to grow at 5-6% annually up to 2020.
- Major players are undertaking capacity expansion projects and greenfield investments to boost production. Total industry investments are expected to
"Acceptance of Birla Wall Care Putty in Retail Segment"Sidvin Shetty
This is the detailed project carried during my MBA (10 weeks) on the topic of "Birla Wall Care Putty in Retail Segment" by enduring practical study & research in the Company in the Year 2011 . (Thus, some of the details may have been changed).
The purpose of this upload is for "Students" carrying projects in Cement Industry to have an Overview of it.( I had some issue with "Uprooting the basics" thus sharing it for reference to get an basic understanding & working towards your projects")
This should be used for reference purpose only. Thus,having a basic understanding towards & make your projects accordingly. (Independently!!)
Thus, this report will not be available for downloads...
The main purpose of this project is to perform Security Analysis of Cement Sector and find out the possibilities and opportunities in this sector which can maximize the return. Indian economy being the one of the developing economies in the world, companies in India are growing at a faster rate as compared to the growth rate decade back. Many Indian companies are expanding their business globally with merger and acquisition. As companies grow their investors get benefitted with good dividend and capital appreciation. Valuations can be done by two ways approach .One is top down approach and second is bottom up approach. It begins with analysis of sector in which one wants to invest, if the sector looks positive then analyse various companies in the sector. A company is analysed fundamentally to check its performance and financial strength. Technical analysis is used to decide right price to buy stock and to study various chart patterns of selected companies. The observed patterns are tested with various indicators and oscillators and decision about particular stock is made. Based on price movement trend of a particular stock is observed. This report starts with the sector analysis of cement industry followed by fundamental analysis of the companies. Analysis of the sector has been done. Cement industry is analysed on the basis of various factors and indicators and ratios. After analysing these companies, stock price is estimated by Relative Valuation Method and the shares have been bought by means of creating a portfolio. Ratios are calculated and then the growth and value of the stock were determined. This report means to narrow down the gap between retail investor and equity market by simplifying basic investment strategies and give basic knowledge about fundamental and technical analysis. This report will help the investors to recognise about the current growth potential of Indian Economy in relation with Cement sector. They will get to know various factors affecting this sector and their impact on the growth of the sector. It will help them in comparing the stocks and their predicted future share prices, to invest in better options and get maximum returns. Rachana Mohalkar "Security Analysis of Cement Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28108.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/28108/security-analysis-of-cement-industry/rachana-mohalkar
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
2. .
Table of Content
Advantage India……………..….……….… 4
Market Overview and Trends..………..…. 6
Growth Drivers and Opportunities……… 14
Key Industry Organisations……….…….. 19
Useful information……….……….......….. 21
Strategies Adopted……………..……...…11
Executive Summary………….….…..……. 3
3. For updated information, please visit www.ibef.orgCement3
EXECUTIVE SUMMARY
Source: Cement Manufacturers Association, Ministry of External Affairs, DIPP , Heidelberg Cement Investors Presentation November 2018
Cement production capacity stood at 502 million tonnes per year (MTPA) in 2018.
India’s cement production capacity is expected to reach 550 million tonnes by 2025.
India is the second largest cement producer in the world.
Second largest cement
market
Of the total capacity, 98 per cent lies with the private sector and the rest with public sector.
The top 20 companies accounting for around 70 per cent of the total production
Dominated by private
players
210 large cement plants account for a cumulative installed capacity of over 410 million tonnes, while over 350
mini cement plants have an estimated production capacity of nearly 11.10 million tonnes.
Higher share of large
plants
Of the total 210 large cement plants in India, 77 are situated in the states of Andhra Pradesh, Rajasthan &
Tamil Nadu.
Large concentration in
south and west
5. For updated information, please visit www.ibef.orgCement5
Source: Budget 2018-19, News Articles, Aranca Research, DIPP, *Ultratech investors presentation May 2018
ADVANTAGE INDIA
Increased allocation t o infrastructure projects
in Union Budget 2018-19 to drive demand
Initiative to build 100 smart cities and boost to
affordable housing projects to give a further
stimulus
High cement demand to be driven by
government’s focus on infrastructure and
housing for all by 2022.
The North-East, which is witnessing a construction
boom, offers attractive investment opportunities.
Opportunities available in areas such as housing,
dedicated freight corridors, ports and other
infrastructure projects.
Oligopoly market, where large players have
partial pricing control.
Low threat from substitutes.
Per capita cement consumption at 210 kg is
currently the lowest among developing
countries while the world average is 580 kg.
Long-term cement demand growth rate is
estimated at 1.2 times of GDP growth rate.
Robust investments are being made by the
existing players to expand their capacity
FDI inflow in industry related to manufacturing
of Cement & Gypsum products reached US$
5.27 billion between April 2000 and September
2018
As of December 2018, Raysut Cement
Company is planning to invest US$ 700 million
in India by 2022.
ADVANTAGE
INDIA
7. For updated information, please visit www.ibef.orgCement7
Source: Cement Manufacturers Association, Cemnet, Office of the Economic Advisor , National Bureau of Statistics of China, USGS Mineral Commodities Summary 2018, Turkey Cement
Association, India Ratings and Research (Ind-Ra) , Crisil
India - world’s 2nd largest cement market, both in production and
consumption.
Supported by high level of activity going on in real estate and high
government spending on smart cities and urban infrastructure.
Cement production capacity of 502 MTPA as of 2018.
The outlook for domestic cement sector is stable for October 2018 to
March 2019 as overall demand conditions remain steady.
MARKET OVERVIEW
Top Cement Producers in 2017E (in MTPA)
2316.25
285.68
85.90 85.40 80.55 66.00 63.00 59.00 58.00
0
500
1,000
1,500
2,000
2,500
Note: E – Estimate, is expected, data is expected to be updated by March 2019 from USGS Mineral Survey 2019
8. For updated information, please visit www.ibef.orgCement8
MARKET OVERVIEW
Source: Media sources, Aranca Research, CRISIL, CARE Ratings, Ultratech Cement
Industry to grow at 5-6 per cent CAGR between FY17 – FY20.
Cement production is expected to grow to 316 million tonnes in 2018-19. It reached 245.83 million tonnes between April-December 2018.
In FY19, cement demand is expected to grow by 7-8 per cent#.
Note: #As per CRISIL, ^CAGR is up to FY18, F-Forecast, * up to December 2018
Cement consumption (million tonnes)
230.00
243.00
249.00
257.00
269.00
272.00
296.00
319.00
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
FY 12 FY13 FY14 FY15 FY16 FY17 FY18 FY19F
Cement Production in India (million tonnes)
230.49
248.23
255.83
270.04
283.46
279.81
297.56
245.83
0
50
100
150
200
250
300
350
FY 12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
CAGR 4.29% ^CAGR 4.35%
9. For updated information, please visit www.ibef.orgCement9
EXPORT AND IMPORT OF CEMENT
Source: DGCIS
Note: #Including Cement, Clinker and Asbestos Cement, ^CAGR is up to FY18, *up to December 2018
India’s exports of cement, clinker and asbestos cement increased at CAGR of 10.37 per cent between FY12-FY18 to reach US$ 433.87 million.
During the same period imports of cement, clinker and asbestos cement increased at a CAGR of 11.14 per cent to US$ 174.36 million in FY18.
Cement# exports and imports reached US$ 355.98 million and US$ 112.60 million, respectively between April–December 2018.
The country’s top export destinations for cement, clinker and asbestos cement in FY18 were Nepal, Sri Lanka, USA, Maldives and UK.
The country’s top five import sources for cement, clinker and asbestos cement in FY18 were Pakistan, Bangladesh, Japan, Vietnam and Thailand.
Cement Imports to India# (US$ million)
92.52
110.32
68.34
91.93
104.19
139.81
174.36
112.60
0
20
40
60
80
100
120
140
160
180
200
FY 12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
^CAGR 11.14%
Cement Exports from India# (US$ million)
240.05
228.13
312.26
378.31
335.62
374.87
433.87
355.98
0
50
100
150
200
250
300
350
400
450
500
FY 12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
^CAGR 10.37%
10. For updated information, please visit www.ibef.orgCement10
INSTALLED CAPACITY AND KEY MARKETS IN EACH
OF THE GEOGRAPHIC REGIONS
Source: Indian Minerals Year Book by Indian Bureau of Mines, TechSci Research
Notes: mtpa - Million Tonnes Per Annum, E- Estimates
South
(Tamil Nadu,
Andhra Pradesh,
Karnataka)
132.7 MTPA
East
(West Bengal,
Chhattisgarh,
Odisha, Jharkhand)
49.4 MTPA
North
(Rajasthan,
Punjab, Haryana)
85.6 MTPA
West
(Gujarat,
Maharashtra)
57.6 MTPA
Central
(Uttar Pradesh,
Madhya Pradesh)
52.8 MTPA
12. For updated information, please visit www.ibef.orgCement12
RECENT STRATEGIES
Source: Union Budget 2018– 19, Union Budget 2017-18, Emkay Global Financial Services, News Articles
Presence of small & mid-size cement players across regions is increasing, which helps to diminish market
concentration of industry leaders
A large number of foreign players have also entered the market owing to the profit margins, constant demand
& right valuation.
Increasing presence of
cement players
India has joined hands with Switzerland to reduce energy consumption & develop newer methods in the
country for more efficient cement production, which would help India meet its rising demand for cement in the
infrastructure sector
Tie – up with overseas
In Union Budget 2019-20, the Government of India has extended benefits under Section 80 - IBA of the
Income Tax Act till March 31, 2019 to promote affordable housing in India.
Housing and real estate sectors accounts for nearly 65 per cent of the total cement consumption in India.
Housing for All
The Government of India has decided to adopt cement instead of bitumen for the construction of all new road
projects on the grounds that cement is more durable & cheaper to maintain than bitumen in the long run.
Companies are trying to develop a niche market for RMC (Ready Mix Concrete)
Adoption of cement
instead of Bitumen and
Ready Mix Concrete
(RMC)
In October 2018, India Cements entered into a share purchase agreement worth Rs 182.89 crore (US$ 26.06
million) for acquisition of Springway Mining. The acquisition will help the company to enter the Uttar Pradesh
market and other markets in North India.
As of June 2018, ACC is in discussions with Jaiprakash Associates to purchase the latter’s 5.5 MTPA cement
business for a consideration of Rs 5,200 crore (US$ 775.66 million).
Mergers & Acquisitions
13. For updated information, please visit www.ibef.orgCement13
SUCCESSFUL USE OF ALTERNATE FUELS IN CEMENT
PRODUCTION
Madras Cement's Alathiyur plant
Use bioenergy through burning of
coffee husk & cashew nut shells
Annual cost savings of US$ 1.7
million
India Cements Ltd's Dalavoi plant
Use Low Sulphur Heavy Stock
(LSHS) sludge as alternate fuel
Annual savings of US$ 6,500
approx
UltraTech's Gujarat Cement
Works
Use tyre chips & rubber dust as
alternate fuel
Reduction of about 30,000
tonnes of carbon emissions
annually
Lafarge's Arasmeta plant
Substitute 10 per cent of coal used
in kilns with rice husk
Higher energy savings and lower
carbon emissions
Company/Plant Strategy Benefits
Source: CMA
15. For updated information, please visit www.ibef.orgCement15
GROWTH DRIVERS AND OPPORTUNITIES
Percentage share of cement demand in FY18
65%
20%
15%
Housing and real estate
Public Infrastructure
Industrial Development
Source: Ministry of External Affairs (Investment and Technology Promotion Division), AT Kearney, CARE Ratings, NAREDCO and APREA
The demand for cement in India can be attributed to three main
sectors viz Housing and Real Estate, Public Infrastructure and
Industrial Development. The factors that will lead to increase in
demand from these sectors include:
Housing and Real Estate
Government initiatives like Housing For All to push demand in the
sector.
Real Estate market in India is expected to reach US$ 1 trillion by
2023 from US$ 120 billion in 2017.
Strong growth in rural housing and low-cost housing to amplify
demand.
Public Infrastructure
Strong focus of Government of India
Projects like Dedicated Freight Corridors and ports under
development.
Metro rail projects already underway in most major cities.
Government of India’s push with Smart Cities Mission and AMRUT.
Industrial Development
Strong economic growth is expected to lead to growth of the
industrial sector and in turn increase in demand in the long run.
Note: data is expected to be updated by May 2019 from CARE rating report.
16. For updated information, please visit www.ibef.orgCement16
POLICIES AND INITIATIVES
Source: Aranca Research. News Articles
Note: RE – Revised Estimate
The Union Budget has allocated Rs 139 billion (US$ 1.93 billion) for Urban Rejuvenation Mission: AMRUT
and Smart Cities Mission. Government’s infrastructure push combined with housing for all, Smart Cities
Mission and Swachh Bharat Abhiyan is going to boost cement demand in the country.
Union Budget
2019-20
In Union Budget 2019-20, the Government of India has extended benefits under Section 80 - IBA of the
Income Tax Act till March 31, 2019 to promote affordable housing in India.
Affordable Housing
An outlay of Rs 68.53 crore (US$ 949.83 million) has been allotted under Pradhan Mantri Awas Yojana –
Gramin in Union Budget 2019-20.
Pradhan Mantri Awaas
Yojana - Gramin
scheme
As of October 2018, the Government of India has auctioned 23 limestone blocks and 42 more limestone
blocks are expected to be auctioned by March 2019.
Auction of limestone
block
17. For updated information, please visit www.ibef.orgCement17
INVESTMENT SCENARIO
Source: Aranca Research, News Articles
Note: *MTPA – Million Tonnes Per Annum
The company is aiming to increase its production capacity to 6 MTPA by 2018-19 and market share to 10 per
cent by 2019.
In October 2018, the company files draft papers for a US$ 135 million Initial Public Offer (IPO).
The company is setting up its Kalinganagar manufacturing plant and expects operations to start by April 2019.
It also acquired the Bhabua manufacturing plant in September 2018.
Emami Cement
The company has undertaken two greenfield projects in West Bengal and Odisha to increase its presence in
eastern India. These projects will attract an investment of US$ 78 million and will be commissioned by late
2018.
Shree Cement
As of March 2018, the company is going to invest Rs 1,391 crore (US$ 214.86 million) for setting up a 1.7
MTPA greenfield clinker plant in Rajasthan which is expected to be operational by second half of 2020. A
majority of land is already in possession of the company and the rest is in advanced stages of acquisition.
Ambuja Cement
During 2017-18, Ultratech commissioned a greenfield clinker plant with a capacity of 2.5 MTPA and a cement
grinding facility with 1.75 MTPA capacity in Dhar, Madhya Pradesh. The company is expecting to complete a
1.75 MTPA cement grinding facility and a 13 MW waste heat recovery system by September 2018 at the
same location.
The company is planning to build a US$ 287 million plant in Rajasthan. The plant will have a capacity of 3.5
million tonnes per annum and is expected to commence operations by June 2020.
The company has received approval for a US$ 9.04 million opencast limestone mine project in Gujarat. The
project has a capacity of 2.07 MTPA* of limestone which will be used to support a proposed cement plant in
Bhavnagar district.
Ultratech Cement
18. For updated information, please visit www.ibef.orgCement18
INVESTMENT SCENARIO
Source: Aranca Research, News Articles
ACC will upgrade and expand its Jamul unit in Chattisgarh & its grinding unit in Jharkhand. This will increase
ACC’s capacity to 38 MTPA from 30 MTPA in a phased manner by 2016 & 55 MTPA in 2020.
ACC will upgrade and expand its Jamul unit in Chattisgarh & its grinding unit in Jharkhand. This will increase
ACC’s capacity to 38 MTPA from 30 MTPA in a phased manner by 2016 & 55 MTPA in 2020.
ACC
Heidelberg Cement, a Germany-based cement manufacturer has commissioned Phase-I of its Jhansi
grinding unit.
The company has undertaken an investment worth US$ 259.4 million for expanding its capacity to 2.9 MT.
Heidelberg Cement
As of November 2018, the company plans to invest Rs 25 billion (US$ 356.23 million) to set up manufacturing
plants in Rajgangpur and Cuttack in Odisha.
It is the preferred bidder for one block of Limestone (Kesla II) in Raipur, with reserves of 215 million tonnes.
The deal is expected to generate cumulative revenues worth US$ 1.76 billion for the state government.
Dalmia Cement
JK Cement is planning to invest Rs 1,500 crore (US$ 231.7 million) over the next 3 to 4 years (from
September 2017) to increase its production capacity at its Mangrol plant from 10.5 MTPA to 14 MTPA.
The company is aiming to further increase its production capacity to reach 18 MTPA by 2022.
JK Cement
The company will invest Rs 15 billion (US$ 213.74 million) to set up a 3.15 MTPA green field cement plant in
Andhra Pradesh. With this investment, the company will become the largest cement manufacturer in Andhra
Pradesh.
Ramco Cements
22. For updated information, please visit www.ibef.orgCement22
GLOSSARY
CMA: Cement Manufacturers' Association
GDP: Gross Domestic Product
GoI: Government of India
Rs: Indian Rupee
MTPA: Million Tonnes Per Annum
NE India: North-East India
FY: Indian Financial Year (April to March)
(FY10 implies April 2009 to March 2010)
US$: US Dollar
Wherever applicable, numbers have been rounded off to the nearest whole number
23. For updated information, please visit www.ibef.orgCement23
EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR Equivalent of one US$
2004–05 44.95
2005–06 44.28
2006–07 45.29
2007–08 40.24
2008–09 45.91
2009–10 47.42
2010–11 45.58
2011–12 47.95
2012–13 54.45
2013–14 60.50
2014-15 61.15
2015-16 65.46
2016-17 67.09
2017-18 64.45
Q1 2018-19 67.04
Q2 2018-19 70.18
Q3 2018-19 72.15
Year INR Equivalent of one US$
2005 44.11
2006 45.33
2007 41.29
2008 43.42
2009 48.35
2010 45.74
2011 46.67
2012 53.49
2013 58.63
2014 61.03
2015 64.15
2016 67.21
2017 65.12
2018 68.36
Source: Reserve Bank of India, Average for the year
24. For updated information, please visit www.ibef.orgCement24
DISCLAIMER
India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation
with IBEF.
All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced,
wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or
incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval
of IBEF.
This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the
information is accurate to the best of Aranca and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a
substitute for professional advice.
Aranca and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do
they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation.
Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any
reliance placed or guidance taken from any portion of this presentation.