+
Cement demand to outpace supply growth
Company News

Cement demand to outpace supply growth

Industry experts scheduled to converge for 14th Cement EXPO, India’s biggest cement event on Dec 14-15 in Delhi

The ongoing consolidation within the cement sector is poised to yield positive outcomes for the industry. The Ambuja-Sanghi deal itself was concluded at an adjusted enterprise value to tonne (EV/T) ratio of $70/tonne.

Projections suggest that the cement industry's capacity will experience an incremental increase at a Compound Annual Growth Rate (CAGR) of 4.2 percent. In contrast, the demand for cement is expected to outpace this supply growth, with a projected CAGR of 8.2 percent. “Given the firmness in real estate trends coupled with the infrastructure outlay and execution speed, demand for cement will outpace the supply growth,” says Pratap Padode, Founder & President, FIRST Construction Council. FIRST Construction Council, in partnership with the 37-year-old Indian Cement Review, India’s only cement magazine, is set to orchestrate the highly anticipated 14th Cement EXPO. This landmark event is slated to transpire on December 14-15, 2023, at the prestigious Manekshaw Centre in Delhi. A convergence of industry pioneers, experts, and innovators, the 14th CEMENT EXPO aims to shape the future of the cement sector through collaboration, exchange of ideas, and visionary insights. A dedicated division of the Foundation of Infrastructure Research Studies Training (FIRST), a registered not-for-profit Trust under the Bombay Public Trust Act 1950, FIRST Construction Council has joined forces with India Cement Review to curate an event that stands as a beacon of progress within the industry. The 14th CEMENT EXPO enjoys the support and endorsement of esteemed bodies including the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Govt of India, National Highway Builder Federation, Federation of Industries, Ready Mixed Concrete Manufacturer’s Association, ISSE, and several others.

Guided by a Board of Governors consisting of luminaries and thought leaders, FIRST Construction Council brings together exceptional minds including:

  • Architect Hafeez Contractor
  • DK Sen, Director at L&T
  • Pradeep Singh, Former Vice Chairman & MD of IDFC Projects
  • Sumit Banerjee, Former Vice Chairman of Reliance Infrastructure
  • Sandeep Singh, Managing Director of Tata Hitachi
  • Sanjay Seth, CEO of GRIHA Council & Executive Director of TERI
  • The 14th Cement EXPO is poised to be a monumental gathering, attracting over 1000 delegates from the cement industry across India and abroad. This event provides an inclusive platform for stakeholders to converge, fostering global connections with representatives from Nepal, Sri Lanka, GCC, Maldives, Singapore, and other international locales. A highlight of the event, the Indian Cement Review Awards, will pay tribute to individuals who have spearheaded transformative strides within the cement industry.

    With a robust agenda featuring 8 illuminating Panel Discussions, featuring a distinguished lineup of more than 60 Speakers, and hosting over 100 Exhibitors, the 14th Cement EXPO promises to be an engaging, enlightening, and interactive forum. With an array of more than 12 Industry Awards and an anticipated audience of over 1500 participants, the event aspires to unite all stakeholders under one roof to deliberate on the industry's trajectory. Recognized as a pivotal industry platform, the 14th Cement EXPO provides an opportunity for cement and concrete manufacturers, allied industries, equipment players, logistics experts, and cement consumers to collaboratively engage in solution-oriented discussions and collectively support the growth of both quality and quantity of cement in India.

    For exhibition space booking call Sujoy: 86577 95881 or email at Sujoy.G@ASAPPinfoGlobal.com

    For more information and to register for the event, please visit www.cementexpo.in.

    About FIRST Construction Council: FIRST Construction Council, a transformative division of the Foundation of Infrastructure Research Studies Training (FIRST), operates as a dedicated catalyst for advancing innovation, growth, and sustainable development within the construction and infrastructure sector.

    About India Cement Review: For over three decades, India Cement Review, a revered monthly magazine, has consistently provided valuable insights, analysis, and updates to industry professionals, establishing itself as a trusted source of knowledge within the cement sector.

    Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

    Industry experts scheduled to converge for 14th Cement EXPO, India’s biggest cement event on Dec 14-15 in Delhi The ongoing consolidation within the cement sector is poised to yield positive outcomes for the industry. The Ambuja-Sanghi deal itself was concluded at an adjusted enterprise value to tonne (EV/T) ratio of $70/tonne. Projections suggest that the cement industry's capacity will experience an incremental increase at a Compound Annual Growth Rate (CAGR) of 4.2 percent. In contrast, the demand for cement is expected to outpace this supply growth, with a projected CAGR of 8.2 percent. “Given the firmness in real estate trends coupled with the infrastructure outlay and execution speed, demand for cement will outpace the supply growth,” says Pratap Padode, Founder & President, FIRST Construction Council. FIRST Construction Council, in partnership with the 37-year-old Indian Cement Review, India’s only cement magazine, is set to orchestrate the highly anticipated 14th Cement EXPO. This landmark event is slated to transpire on December 14-15, 2023, at the prestigious Manekshaw Centre in Delhi. A convergence of industry pioneers, experts, and innovators, the 14th CEMENT EXPO aims to shape the future of the cement sector through collaboration, exchange of ideas, and visionary insights. A dedicated division of the Foundation of Infrastructure Research Studies Training (FIRST), a registered not-for-profit Trust under the Bombay Public Trust Act 1950, FIRST Construction Council has joined forces with India Cement Review to curate an event that stands as a beacon of progress within the industry. The 14th CEMENT EXPO enjoys the support and endorsement of esteemed bodies including the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Govt of India, National Highway Builder Federation, Federation of Industries, Ready Mixed Concrete Manufacturer’s Association, ISSE, and several others. Guided by a Board of Governors consisting of luminaries and thought leaders, FIRST Construction Council brings together exceptional minds including: Architect Hafeez Contractor DK Sen, Director at L&T Pradeep Singh, Former Vice Chairman & MD of IDFC Projects Sumit Banerjee, Former Vice Chairman of Reliance Infrastructure Sandeep Singh, Managing Director of Tata Hitachi Sanjay Seth, CEO of GRIHA Council & Executive Director of TERI The 14th Cement EXPO is poised to be a monumental gathering, attracting over 1000 delegates from the cement industry across India and abroad. This event provides an inclusive platform for stakeholders to converge, fostering global connections with representatives from Nepal, Sri Lanka, GCC, Maldives, Singapore, and other international locales. A highlight of the event, the Indian Cement Review Awards, will pay tribute to individuals who have spearheaded transformative strides within the cement industry. With a robust agenda featuring 8 illuminating Panel Discussions, featuring a distinguished lineup of more than 60 Speakers, and hosting over 100 Exhibitors, the 14th Cement EXPO promises to be an engaging, enlightening, and interactive forum. With an array of more than 12 Industry Awards and an anticipated audience of over 1500 participants, the event aspires to unite all stakeholders under one roof to deliberate on the industry's trajectory. Recognized as a pivotal industry platform, the 14th Cement EXPO provides an opportunity for cement and concrete manufacturers, allied industries, equipment players, logistics experts, and cement consumers to collaboratively engage in solution-oriented discussions and collectively support the growth of both quality and quantity of cement in India. For exhibition space booking call Sujoy: 86577 95881 or email at Sujoy.G@ASAPPinfoGlobal.com For more information and to register for the event, please visit www.cementexpo.in. About FIRST Construction Council: FIRST Construction Council, a transformative division of the Foundation of Infrastructure Research Studies Training (FIRST), operates as a dedicated catalyst for advancing innovation, growth, and sustainable development within the construction and infrastructure sector. About India Cement Review: For over three decades, India Cement Review, a revered monthly magazine, has consistently provided valuable insights, analysis, and updates to industry professionals, establishing itself as a trusted source of knowledge within the cement sector.

    Next Story
    Real Estate

    Maharashtra to Revise Infrastructure Policies

    The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

    Next Story
    Real Estate

    Agami Realty Enters Mumbai's Luxury Market

    Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

    Next Story
    Real Estate

    Hafele Launches Its Third Licht Experience Centre in India

    Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement

    Talk to us?