CMA INDIA

It is said that on a global level, the cement manufacturing industry is responsible for about 5% of the global CO2 emissions. When compared to other industries its a huge figure to be concerned about. This industry produces various types of cement. And cement, as we know, is an important component of concrete. Concrete is the basic foundation of all the structures like buildings, residential spaces, roads, bridges, highways, etc.  Infrastructural developments are common in every country. Concrete is the base component for any type of construction. That’s the reason why it is the most consumed product after water ! It is said that on average, each individual uses 3 tons of concrete per year. Cement, as a product is irreplaceable in terms of construction, at least as of now. Even if we find an alternative, it has to be diverse and effective like cement. It is also a major contributor to the global economy. Production of cement is growing at a rate of 2.5 pe...

Since the last two decades, there has been immense boom in the amount of cement production by cement companies as well as its consumption in the country. India has already made its mark as one of the most prominent cement producers of the world.  Analysis of the Indian market had predicted a massive increase in the industry during the second half of the decade. The results exceeded compared to what was foreseen. For instance, according to the CapEx database of the Centre for Monitoring Indian Economy (CMIE), “an incremental capacity of a huge 68.5 million tonnes per annum(mtpa) would be covered during the time span of 2015-2018”, which did happen. In 2015 alone, more than 60% of the predicted production capacity had been successfully achieved. Initially, the amount appended to India’s capacity was 40.5 mtpa in the year 2015. After that, accommodation of 18.1 mtpa was under the process of installation by the end of the fiscal year 2016. The remaining amou...