Indian Cement Industry Poised for Blistering Growth, Projects RNCOS

Infrastructure and housing sector demand has been fuelling cement industry’s growth, which is poised for double-digit production growth to FY 2012, according to RNCOS.

Noida, India, December 26, 2009 --( The global market research leader, RNCOS in its latest research, “Indian Cement Industry Forecast to 2012”, has thoroughly analyzed cement industry market potentials in India. An extensive and conceptual evaluation of the industry exhibited a dynamic market, which has been developing by leaps and bounds even in the wake of global economic slowdown. In order to carry out a balanced market research, we have inspected all the prominent market segments with an unbiased consideration of economic slowdown impacts on the industry.

In their analysis, they have acknowledged several critical trends prevailing in the cement industry and influencing its current as well as future direction. As discussed in the report, housing sector accounts for more than 50% of the total cement consumption in India. The sector will remain the dominant consumer of cement during our forecast period on the back of various supporting factors analyzed thoroughly in the report.

In addition, per capita cement consumption in India was found well below the global average. They expect this per capita consumption gap to recover strongly in coming years on the solid foundations of some crucial trends prevailing in the market.

In their research, they have also identified some market restraints which have been hampering the industry development in past and still have strong potential to affect the future growth prospects. However, the research reveals that industry has equipped itself to tolerate the negative aspects of these hurdles with strong and rapid technological developments.

Their report, “Indian Cement Industry Forecast to 2012”, provides extensive research and thorough analysis of Indian cement industry under all prominent market segments. It facilitates comprehensive market intelligence on the overall production, consumption, installed and additional capacity, trade, etc. Past and current decisive industry trends have been carefully evaluated to provide an overview of future market direction and expected trends likely to follow. A brief overview of key players in the industry has also been included to provide proper competitive landscape analysis.

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About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Shushmul Maheshwari
Chief Executive
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