According to a study by India Ratings and Research, Indian cement manufacturers are poised to benefit from the continuing demand push, led by the healthy growth expected across end-markets such as individual home building, affordable housing, roads and irrigation sectors
Prism Cement is a central India-based cement manufacturer with two units (2 million tonne and 3.6 million tonne) at Satna in Madhya Pradesh. While the nameplate capacity is 5.6 million tonne, the units have a potential to produce 7 million tonne. The company sells under the brand -´Champion´ and ´Hi-Tech´. Dispatches to central markets are ~80 per cent and the rest is sold in the eastern region.
LarfargeHolcim, European cement manufacturers with a presence in India, expects to benefit if the government´s plan to ramp up infrastructure spending comes to fruition. India´s Budget for 2016-17 includes plans to hike public infrastructure spending, especially on roads, which could revive the stagnant cement demand in the country.
Alleging the Cement Manufacturers Association (CMA) to have deliberately increased the cement prices by 50 per cent in a month, the Confederation of Real Estate Developers´ Associations, Builders Association of India
According to the Cement Manufacturers Association (CMA), the government should accord renewable energy status to waste heat recovery (WHR) units deployed for co-generation of power at the cement plants. The green status would also help mini to small cement plants towards setting up such systems.