CEMENT INDUSTRY: TRENDS AND PROSPECTS
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- CEMENT INDUSTRY: TRENDS AND PROSPECTS
It is maintained that cement industry is one of the pivotal industries in India which kept on pedalling even in harsh times like COVID. The Indian cement industry is the second largest producer of cement in the world after China and accounts for more than 7 per cent of the global installed capacity. India’s per capita cement consumption lies in the range 200-250 kgs which is low as compared to other counterparts like Korea or China as highlighted in the table (Table 1) below. This goes to show that there is a huge potential for cement industry to grow.