India Cement Sector Report 2024-2025

The cement industry is a growth enabler due to its strong linkages to sectors, including construction, infrastructure, housing, transportation, coal, and power. India is the second largest cement producer in the world, with a share of 9.0% of global cement production as of 2022. The cement sector is one of the core industries in India, with a weight of 5.37% in the core industry index published monthly and monitored closely as a lead indicator to the ensuing growth. The Cement Manufacturers Association (CMA) maintains that the cement industry has a 4.16x multiplier effect on economic output, 1.53x on domestic GDP and for every one mn ton of installed cement production capacity, 20,000 downstream jobs are created. The strong underlying drivers, such as thrust on infrastructure development, rising urbanisation trends and the pickup in industrial activity, have resulted in incumbents opting for capacity expansion to capitalise on the growth opportunity. The industry remains vulnerable to power and fuel costs, which affects profitability as pricing power is limited due to high competitive intensity. The cement industry in India has been an early adopter of sustainable practices, and companies continue to chart the transformative path through clearly identified goals to reduce their carbon footprint. The sector remains a hotbed for M&A activity, with the recent acquisition of Sanghi Industries by the Adani Groups, Gujarat Ambuja Cement Ltd., as a follow-through to the large acquisition of the cement assets of the Holcim Group in India in 2022.

This report provides a complete and detailed analysis of the "Cement and concrete production" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Cement and concrete production" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors